Adherence to the Same Accounting Principles from Year to Year

question 131

Multiple Choice

Adherence to the same accounting principles from year to year is an example of the characteristic of

• A)relevance.
• B)faithful representation.
• C)understandability.
• D)comparability.

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Definitions:

LANs

Local Area Networks, a network that spans a small geographic area, connecting various devices to share resources and information more efficiently.

Home-based Business

A business operated from the owner's home, leveraging the internet and digital tools for managing business activities and reaching customers.

Data Collision

When two computers send data at the same time and the sets of data collide somewhere in the transmission media.

Transmission Media

Refers to the physical pathways that connect computers, other devices, and people on a network, allowing data to be transmitted from one place to another.