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Identify the a (d) (e) (f) (9) Assumes that the dollar is the measuring stick used to report on financial performance Requires that accounting standards
Identify the a (d) (e) (f) (9) Assumes that the dollar is the "measuring stick" used to report on financial performance Requires that accounting standards be followed for all items of significant size Separates financial information into time periods for reporting purposes. Requires recognition of expenses in the same period as related revenues. Full disclosure principle
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