The basic principle involved with expense recognition is. a. The business will continue to operate indefinitely unless there is evidence to the contrary. b. All transactions are recorded at the exchange price. c. The business is separate from its owners. d. All costs that are used to generate revenue are recorded in the period the revenue is recognized.

The correct answer is letter "D": All costs that are used to generate revenue are recorded in the period the revenue is recognized.

Explanation:

According to the basic matching principle, revenues and the expenses necessary to obtain those revenues must be recorded during the same accounting period. This is part of what constitutes the accrual basis method of accounting that states expenses and revenue should be recognized when incurred not when cash is received.

answer; /// i believe the correct answer to the above question is(200 pounds); /good luck

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants