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Accounting profit has several advantages compared to economic profits. The following are the Advantages of Accounting Profit, EXCEPT (1 Point) O A. Historically acceptable for
Accounting profit has several advantages compared to economic profits. The following are the Advantages of Accounting Profit, EXCEPT (1 Point) O A. Historically acceptable for decision making because users still trust the benefits of accounting profits O B. Measured and reported objectively and can be verified O C. Meet the criteria of conservatism O D. Useful for control purposes, especially management accountability E. Recognizing the increase in the value of unrealized assets in one period because of the historical cost principle and realization principle
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