to match expenses against revenues means to ________. a. subtract expenses incurred during one period from…

to match expenses against revenues means to ________. a. subtract expenses incurred during one period from revenues earned during the previous period b. add expenses incurred during one period to revenues earned during that same period c. add expenses incurred during one period to revenues earned during the previous period d. subtract expenses incurred during one period from revenues earned during that same period

to match expenses against revenues means to ________. a. subtract expenses incurred during one period from revenues earned during the previous period b. add expenses incurred during one period to revenues earned during that same period c. add expenses incurred during one period to revenues earned during the previous period d. subtract expenses incurred during one period from revenues earned during that same period

Answer

Answer:

D. subtract expenses incurred during one period from revenues earned during that same period

Brief Explanation:

Matching principle in accounting requires expenses to be matched with revenues of the same period for accurate profit - calculation.