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The quality that allows quantitative assessment of the similarities and differences among enterprises is known as, Select one: O a. Comparability O b. Consistency O
The quality that allows quantitative assessment of the similarities and differences among enterprises is known as, Select one: O a. Comparability O b. Consistency O c. Reliability O d. Relevance Oe. None of the above If two estimates of expenses are equally likely, the lesser amount should be reported. This generally accepted accounting principle is Select one: O a. Going concern O b. Matching O c. Materiality O d. Conservatism A report to the IRS showing taxes withheld from employees is an example of Select one: O a. Managerial accounting O b. Tax accounting O c. Financial accounting O d. None of the above
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