Match the terms with the definitions. a. Full disclosure1. A company must perform strictly proper accounting b.
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a. Full disclosure1. A company must perform strictly proper accounting b. Materiality c. Consistency d. Prudence only for items that are significant to the business's financial statements 2. Reporting the realistic figures in the financial statements 3. A business's financial statements must report enough information for users to make knowledge- able decisions about the company 4. A business should use the same accounting methods and procedures from period to period
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Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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