The matching principle states: Group of answer choices Expenses are recognized in the period in which the cash is expend

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answerhappygod
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The matching principle states: Group of answer choices Expenses are recognized in the period in which the cash is expend

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The matching principle states:
Group of answer choices
Expenses are recognized in the period in which the cash is
expended.
Expenses are recognized in the period in which they are
acquired.
Expenses are recognized independently of the revenue recognized.
Expenses are recognized in the period in which those resources
are consumed from the generation of sales revenue.
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