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which of the followings is relevant to income recognition criteria a. caused by depletion of assets b. caused by increase in assets c. other than

which of the followings is relevant to income recognition criteria

a. caused by depletion of assets

b. caused by increase in assets

c. other than distribution to owners

d. obligation on an entity

one of the results of Trueblood committee is

a. Recognition principles

b. Conceptual framework

c. 12 objectives of financial statements

d. Corporate report

all of the followings related into faithful representation except

a. Completeness

b. Materiality

c. Objectivity

d. free from errors

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