Depreciation is charged on fixed assets to comply with which of the following accounting principle?

Depreciation is charged on fixed assets to comply with which of the following accounting principle? Correct Answer Matching concept

Depreciation is charged on fixed assets to comply with Matching concept which requires that revenues must be matched with associated expenses to get a complete and accurate picture of profit and loss.

Related Questions

The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the
অবচয়ের কোন পদ্ধতি প্রথম বছরের অবচয় সবচেয়ে কম দেখাবে? (Which depreciation method shows the lowest amount of depreciation in the first year?)
Under which depreciation method, the amount of depreciation expenses remains same throughtout the life of the asset?