Recognizing revenue when it is earned and not when cash is

Reference no: EM13453637

Recognizing revenue when it is earned and not when cash is received and recognizing expenses when the related goods or services are used rather than when they are paid for is called:

A) Accrual accounting.

B) Matching.

C) Revenue recognition.

D) Conservatism.

Reference no: EM13453637

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