Match the Following Principles with Their Correct Definition

question 190

Short Answer

Match the following principles with their correct definition.
a.Comparability
g.Historical cost
b.Conservatism
h.Matching
c.Double-entry accounting
i.Monetary unit
d.Economic entity
j.Revenue recognition
e.Going concern
k.Time period
f.Full disclosure
-This principle states that users should be able to make meaningful comparisons of different companies.

---

Definitions:

Communication Competence

The ability to effectively convey, receive, and interpret messages in various contexts and through multiple channels.

Relational

Pertaining to the way in which two or more concepts, objects, or people are connected; often used to describe dynamics in social and personal contexts.

Professional

Pertaining to a person who engages in a particular profession or occupation with competence and often adheres to its ethical standards.

Nonverbal Communication

Any communication, other than written or spoken language, that creates meaning for someone.