Which Type of Accounting Principle Is Concerned with the Comparability

question 37

Multiple Choice

Which type of accounting principle is concerned with the comparability of financial statements of different firms?

• A)Input-oriented principles
• B)Output-oriented principles
• C)Constraining principles
• D)Both a and c

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Definitions:

Fluid

In the context of biology or health, it refers to liquids within the body that play vital roles in its functioning, such as blood, lymph, and interstitial fluids.

Calories

Units of energy that food provides, essential for human beings to conduct daily activities and maintain bodily functions.

Anticholinergic Effects

Side effects caused by substances that block the action of acetylcholine, a neurotransmitter, leading to dry mouth, blurred vision, constipation, and cognitive issues.

Dopamine-blocking Effects

Refers to the action of certain medications or substances that reduce or inhibit the action of dopamine, a neurotransmitter associated with pleasure and reward in the brain.