Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 2 - A Further Look at Financial Statements - Do it! - Review - Page 77: 2-4

Answer

1. Monetary unit assumption 2. Faithful representation 3. Economic entity assumption 4. Cost constrain 5. Consistency 6. Historical cost principle 7. Relevance 8. Periodicity assumption 9. Full disclosure principle 10. Materiality 11. Going concern assumption 12. Comparability

Work Step by Step

1. Monetary unit assumption 2. Faithful representation 3. Economic entity assumption 4. Cost constrain 5. Consistency 6. Historical cost principle 7. Relevance 8. Periodicity assumption 9. Full disclosure principle 10. Materiality 11. Going concern assumption 12. Comparability
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