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DP
Question Practice

Which of the following best describes the term 'matching of costs and revenues'?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Depreciation, Provisions and Reserves
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00054273

Which of the following best describes the term 'matching of costs and revenues'?

1

Recording all costs in one year

2

Aligning expenses with income generation

3

Only considering cash expenses

4

Ignoring depreciation for simplicity

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