Describe the two constraints inherent in the presentation of accounting information.

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Financial Accounting Tools for business decision making

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 22, 2011 09:04 AM

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Describe the two constraints inherent in the presentation of accounting information.

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The two constraints are materiality and cost The materiality constraint means that an item ma...View the full answer

Financial Accounting Tools for business decision making

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