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reovided at the left of each item I The oeganization thot is a gevermmental agency with deect efbsence on CLA h, AICPA c FAS d.
reovided at the left of each item I The oeganization thot is a gevermmental agency with deect efbsence on CLA h, AICPA c FAS d. SEC Which underlying comcept supports the snmedone recopaition of a loa b. Matching Consisency d. Objectivity 3. The major objective of the consistency principle is o a. provide timely financial infonmation tor stonemere users h Promote comparability between financial statements of different accouning periods e. Maich the appropriate revmues and expenses to a glven accounting periol d. Be sure the same infoemation is disclosed in each acccnting period 4. A publication of the American Instine of Certified Public Accomtanks is a. "The Accounting Review b. "The Joarmal of Accounancy c. The Management Accountank d. Hoch a and b aee correct e. Neither is correct D-5. CPAs are licensed by: a. The AICPA b. The SEC e The federal govemment d. The stale government 6. Of the qualitative objoctives of accounting information, the most importam is: a consistency b. comparability c. reliability d. relevance
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