Accountıng I Deneme Sınavı Sorusu #1272607
Which of the following assumes that expense is recognized before the cash is paid?
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Matching Principle |
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Accrued revenue concept |
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Accrued expense concept |
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Deferred expense concept |
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Deferred revenue concept |
Yanıt Açıklaması:
In accrued expense, expense is recognized before the cash is paid. The correct answer is C.
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