Question

Adjustments to expense accounts at the end of the accounting period are made to adhere to accrual accounting principles, specifically the ______ principle. Multiple Choice contra-account revenue recognition expense recognition ("matching") cost

Answer 1

Answer: Revenue Recognition

Explanation:

From the given text/information/scenario , we can state that the answer to the following question is revenue recognized. Revenue recognition is referred to as or known as the accounting principle that tends to outline certain specific conditions and circumstances under which the revenue is recognized.