Question: The cost - benefit constraint:Multiple Choice 8 0 1 : 5 9 : 4 0 Says that information disclosed by an entity must have benefits

The cost-benefit constraint:Multiple Choice801:59:40Says that information disclosed by an entity must have benefits to the user that are greater than the costs of providing it.Means that accounting information reflects a presumption that the business will continue operating instead of being clos or sold.Prescribes that accounting information is based on actual cost.Provides guidance on when a company must recognize revenue.Prescribes that a company record the expenses it incurred to generate the revenue reported.

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