Question
Economic income (budgeted income) (tangible): measured by the change in equity, where the net assets of the enterprise at the end of the year are
Economic income (budgeted income) (tangible): measured by the change in equity, where the net assets of the enterprise at the end of the year are matched with the net assets of the enterprise at the end of the year, minus (-) any additional investments during the year.
TRUE OR FALSE?
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Government Auditing Standards 2011 Revision
Authors: U. S. Government Accountability Office, Comptroller General Of The United States
1st Edition
1482311372, 978-1482311372
