Which Accounting Principle Is Designed to Prevent Abuses of Flexibility

question 3

Multiple Choice

Which accounting principle is designed to prevent abuses of flexibility in revenue recognition?

• A) Consistency principle
• B) Accrual principle
• C) Going concern principle
• D) Matching principle

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Definitions:

Analysis

The process of examining components or structures in detail to understand their nature, function, or meaning.

White Blood Cell Count

A laboratory test measuring the number of white blood cells in a sample of blood, important for diagnosing and monitoring infections and other diseases.

Risk For Infection

A situation or condition where there is an increased likelihood of acquiring an infection.

Nursing Diagnosis

A clinical judgment about individual, family, or community experiences/responses to actual or potential health problems/life processes.