Which of the Following Qualities Does the Cost Principle Primarily

question 93

Multiple Choice

Which of the following qualities does the cost principle primarily support?

• A) Predictive value
• B) Conservatism
• C) Verifiability
• D) Timeliness

---

Definitions:

Public Funding

Financial support that comes from the government, allocated towards public projects, services, or initiatives, often through taxation.

Vouchers

Certificates or other documents that can be used as money or for obtaining a discount on goods or services, often used in educational funding.

Credential Inflation

The devaluation of educational qualifications over time, requiring higher levels of education to qualify for certain jobs.

Cultural Capital

Non-financial social assets that promote social mobility beyond economic means, including education, intellect, style of speech, and appearance.