Which of the followings is considered as a measurement principle in accordance to the conceptual framework?

a.

Accounting rate of retuns

b.

Internal rate of returns

c.

Net realizable value

which of the followings is relevant to loss recognition criteria

a.

increase in economic benefit

b.

caused by increase in assets

c.

obligation on an entity

d.

other than distribution to owners

the prescriptive approach is an approach that is reactionary in attitude.

Select one:

True

False