The Basic Principles of Accounting Used by the International Accounting

question 101

Multiple Choice

The basic principles of accounting used by the International Accounting Standards Board include all of the following except:

• A) Measurement
• B) Full disclosure
• C) Revenue recognition
• D) Going concern

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Definitions:

Brady-

A prefix used in medical terms to denote slowness, as in bradycardia, which means slow heart rate.

Slow

Characterized by a low speed; not fast or quick.

Insomnia

A sleep disorder characterized by difficulties in falling asleep, staying asleep, or obtaining restorative sleep.

In-

A prefix used to indicate negation or absence.