ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 10 Question 49 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam

Question #: 49
Topic #: 10

[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

According to accounting principles, ________ and ________ should be recorded or atched in the same accounting period; failing to do so violates the matching principle of AAP.

ARevenue and corresponding expenses

BRevenue and Income statement

CIncome statement and Long-term contracts

DCapitalized expenses and Liabilities

Show Suggested Answer

Suggested Answer: A

by Micaela at May 08, 2022, 06:36 AM

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