New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Cost or expenses must be recorded at the same time as

    the revenue to which they correspond is specified by which principle? 
    A Matching Principle Correct Answer Incorrect Answer
    B Going Concern Principle Correct Answer Incorrect Answer
    C Consistency Principle Correct Answer Incorrect Answer
    D Prudence Principle Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next

    Relevant for Exams: