Question
When preparing accounting information, practitioners are required to follow certain accounting assumptions and concepts. Using your knowledge & understanding briefly explain the following accounting assumptions
When preparing accounting information, practitioners are required to follow certain accounting assumptions and concepts. Using your knowledge & understanding briefly explain the following accounting assumptions & concepts:
- Faithful representation
- Going concern
- Relevance
- Reliability
- Business/Separate entity
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GLP Quality Audit Manual
Authors: Milton A. Anderson
3rd Edition
0367398435, 978-0367398439
