What are the advantages of having a set of rules or standards in accounting?(ex: cost principle, etc.).

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Posted Date: May 25, 2022 03:39 AM

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What are the advantages of having a set of rules or standards in accounting?(ex: cost principle, etc.).

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DEFINITION Accounting Standards AS are basic policy documents Their main aim is to ensure transparency reliabilityconsistency and comparability of the ... View the full answer

Introduction to Finance Markets Investments and Financial Management

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