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QUESTION 7 1 points Save Answer The principle of accounting that dictates the presentation of footnotes and supplemental disclosures as elements of a complete set

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QUESTION 7 1 points Save Answer The principle of accounting that dictates the presentation of footnotes and supplemental disclosures as elements of a complete set of financial statements is called: A. The Full Disclosure Principle B. The Matching Principle C. The Conservatism Principle D. The Historical Cost Principles QUESTION 8 1 points Save Answer The conservatism principle of accounting dictates that, if the accountant has two or more alternative methods of measurement for an item, he/she should tend to select that method that leans more toward the: A. Overstatement of owner's equity. B. Overstatement of a liability C.Overstatement of revenue. D.Overstatement of an asset

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