Which of the Following States That the Business Should Use

question 47

Multiple Choice

Which of the following states that the business should use the same accounting methods from period to period?

• A)Accounting conservatism
• B)Materiality concept
• C)Comparability principle
• D)Relevance principle

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Definitions:

Denying Claims

The act of rejecting assertions or accusations, often in a legal or business context, asserting that they are untrue or unfounded.

Indirect Strategy

An approach in communication where the main point or request is not directly expressed at the beginning, often used to soften the message.

Avoid Mentioning

To deliberately not talk about or reference something specific.

Unhappy Customer

A customer who is dissatisfied with a product or service, potentially leading to complaints or negative feedback.