Which of the following is most closely linked to the accounting principle of conservatism? a. Consistency principle

Question:

Which of the following is most closely linked to the accounting principle of conservatism?

a. Consistency principle

b. Disclosure principle

c. Lower-of-cost-or-market rule

d. Materiality concept AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

Question Posted: