Question
Pervasive constraints are defined by A. The consistency in the application of methods over time B. What influences or makes a difference to a decision
Pervasive constraints are defined by
A. The consistency in the application of methods over time B. What influences or makes a difference to a decision maker C. Quantitative criteria set by the Financial Accounting Standards Board D. The amount of the benefits received exceed the costs associate with it
The FASB Conceptual Framework for Financial Reporting provide a foundation of qualitative characteristics of useful information. These qualities include
- A.
Fundamental Qualities
Enhancing Qualities
- B.
Conservatism Qualities
Stewardship Qualities
- C.
Enhancing Qualities
Financial Reporting Qualities
- D.
Agency Qualities
Reliability Qualities
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