Ehdhhxjdjjd8331 Ehdhhxjdjjd8331
  • 14-01-2021
  • Business
contestada

for product costs to become expenses under the matching principle, the units to which they attach must be

Respuesta :

Parrain
Parrain Parrain
  • 14-01-2021

Answer: Sold

Explanation:

The Matching principle in accounting states that for an expense to be recognized in a period, the revenue to which that expense is attached should be earned in that same period as well.

For product costs to be recognized as expenses therefore, the products they are attached to must yield revenue by being sold.

Answer Link

Otras preguntas

How did reaction to the Nat Turner Rebellion polarize views on slavery between the North and the South?
4. Tom decided to join Platinum Gym because of its new equipment. At the grand opening, the manager announced that 124 people had signed up for gym membership.
James Wright was an effective and admired colonial Georgia governor his popularity with these colonist allowed him to
What are the boundaries of the class 11-19?
can you help me round 3,418,913 to the nearest thousand
Determine which ordered pair is a solution of y equals x plus two-fifths.. (1 point) the ordered pair (0, 0) the ordered pair (negative 1, two-fifths) th
math questions down below
If Alicia can read 3 pages in 1 minute, how long would it take her to read 33 pages?
Most ______ immunizations must be re-administered on a regular basis.
If you fail to provide proof of insurance, your drivers license and license plates will be suspended for up to ______