Examlex
Which of the following communications can be appropriately conveyed through IM?
Relevant
Pertaining to something that is closely connected or appropriate to the matter at hand, especially in terms of information.
Accounting Information
This refers to the data generated from financial accounting practices, used for making business decisions.
Cost Constraint
The Cost Constraint principle in accounting refers to the idea that the value of the information provided by financial reports should outweigh the cost of providing it.
Going Concern
The assumption that an entity will continue its operations in the foreseeable future and not go bankrupt or be forced to stop operations.
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