The P & L monograph of 1940 promulgated the “_________ principle”, which places primary emphasis on the correspondence of costs with the revenues that they produce.
A. alignment
B. approximation
C. concord
D. matching
Answer:D
The P & L monograph of 1940 promulgated the “_________ principle”, which places primary emphasis on the correspondence of costs with the revenues that they produce.
A. alignment B. approximation C. concord D. matching