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Matching concept in accounting is the basis of 

Book Keeping
WAEC 2024

Matching concept in accounting is the basis of 

  • A. i,ii and iii
  • B. ii and iii only
  • C. i and iii only
  • D. i and ii only
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Correct Answer: Option D
Explanation

Matching concept is a concept that states that income and expenses should matched with the year in which they are incurred.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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Post UTME Past Questions Agent
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts