Nhich of the following is the underlying assumption in the Framework for the Preparation and Presentation of Financial Statements? a) Consistency b) Materiality c) Going concern d) Comparability What does the term "recognition" refer to in relation to the elements of financial statements? a) The process of measuring the monetary value of an asset b) The process of disclosing financial information to stakeholders c) The process of incorporating items that meet the definition and recognition criteria into the financial statements d) The process of assessing the fair value of a liability