Question: QUESTION 2 The four accounting principles are: going concern, revenue recognition, materiality, and reporting. True False QUESTION 3 IFRS stands for Internationally accepted accounting principles.


QUESTION 2 The four accounting principles are: going concern, revenue recognition, materiality, and reporting. True False QUESTION 3 IFRS stands for Internationally accepted accounting principles. True False QUESTION 9 GAAP stands for: A. Generalised Accounting Assumptions and Principles. B. Generally Accepted Accounting Principles. C. Generally Accepted Auditing Practices. D. Generally Accepted Accounting Performance
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