Which characteristics is applicable for financial statements when provision is made for all known expenses and losses,
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Question:
Which characteristics is applicable for financial statements when provision is made for all known expenses and losses, whether the amount is known for certain or just an estimate?
prudence,
relevance,
reliability,
completeness
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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