Question #82594
What is the difference between Prudence concept and Matching concept? Using two sentences
1
Expert's answer
2018-11-02T12:45:09-0400

According to the prudence concept, revenues should not be overestimated, and expenses must not be underestimated. Matching concept states that firm recognizes revenues and expenses at the same time.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Learn more about our help with Assignments: Accounting

Comments

No comments. Be the first!
Our fields of expertise
Submit Your Assignment. We Can Do It.
LATEST TUTORIALS
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Canada #339914 on Dec 2023