Login to manage your account

Your email Please enter a valid email address.

Password Forgot Password?

Please enter a valid password.

OR

Don't have an account yet? Sign up

Under the matching principle, expenses should be recognised:

A When cash is paid
B In the same period as the revenues they help generate
C At the start of the financial year
D Only when the supplier issues an invoice

Answer

In the same period as the revenues they help generate

Matching pairs costs with the revenue they produced, which is why depreciation spreads an asset's cost over the periods that benefit from it.

All Accounting MCQs

Login to manage your account

Your email id Please enter a valid email address.

Password Forgot Password?

Please enter a valid password.

OR

Don't have an account yet? Sign up as

Jobseeker

Employer