Below Is a List of Qualitative Characteristics of Accounting

question 69

Short Answer

Below is a list of qualitative characteristics of accounting.Following the list is a series of descriptive phrases.

C)relevance
D)comparability
E)verifiability
F)understandability

Required: Match each characteristic with the appropriate phrase.

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Definitions:

Constitution

The fundamental principles or established precedents according to which a state or other organization is governed.

Anti-federalists

Opponents of the ratification of the U.S. Constitution, fearing that a strong central government would endanger individual liberties and states' rights.

State Constitutions

The fundamental governing documents of each U.S. state, outlining the structure and function of the state government.