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.

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Definitions:

Standard Colors

A predefined set of colors offered by software applications for consistent and easy color selection in creating or editing digital content.

Standard Colors

A predefined set of colors available in software applications, often used for text, backgrounds, and graphical elements to ensure consistency.

One-hundredth

The term "one-hundredth" refers to a part or fraction that is one out of a hundred of a whole.

Trim Video

The process of removing unwanted parts from the beginning, middle, or end of a video clip to shorten its duration or improve its flow.