The expense matching principle states that:   Multiple Choice   Expenses are recognized when paid.   All expenses are recognized when the corresponding revenue is recorded.   Some expenses are recognized when the corresponding revenue is recognized and some are spread over time.   Expenses are recognized when the invoice is received.

Which of the following best represents the matching principle criteria? A. Expenses are reported in the period in which they were incurred. B. Expenses may be reported in a different period than the matching revenues. C. Revenue and expenses are matched based on when expenses are paid. D. Revenue is recognized when an order occurs and not when the actual sale is initiated.

Which of the following best represents the matching principle criteria?A. Expenses are reported in the period in which they were incurred.B. Expenses may be reported in a different period than the matching revenues.C. Revenue and expenses are matched based on when expenses are paid.D. Revenue is recognized when an order occurs and not when the actual sale is initiated

Revenues & Expenses - The Matching Concept Why are such costs/expenses more difficult to directly associate revenue? (Eg: Administrative salary expense, Interest expense, etc) Please explain.