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Exam CFE topic 2 question 63 discussion

Actual exam question from ACFE's CFE
Question #: 63
Topic #: 2
[All CFE 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.

  • A. Revenue and corresponding expenses
  • B. Revenue and Income statement
  • C. Income statement and Long-term contracts
  • D. Capitalized expenses and Liabilities
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Suggested Answer: A 🗳️
by [deleted] at March 9, 2025, 1:56 p.m.

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