Question 1

Discuss the contributions of the works by Sanders Hatfield and More,and Paton and Littleton to accounting theory.

Accepted Answer

In 1938,the American Institute of Accoun

Question 2

Which of the following is considered a pervasive constraint by Statement of Financial Accounting Concepts No.2

Accepted Answer

A) Benefits>costs 
B) Conservatism 
C) Timeliness 
D) Verifiability 
A) Benefits>costs 
B) Conservatism 
C) Timeliness 
D) Verifiability

Question 3

Which of the following organizations published the monograph titled A Tentative Statement of Accounting Principles Affecting Annual Corporate Reports

Accepted Answer

A) SEC 
B) AAA 
C) AIA 
D) NAA 
A) SEC 
B) AAA 
C) AIA 
D) NAA

Question 4

Which early accounting theorist was among the first to express the view that all changes in the value of assets and liabilities should be reflected in the financial statements ?\

Accepted Answer

A) A.C.Littleton 
B) John Canning 
C) William Paton 
D) DR Scott 
A) A.C.Littleton 
B) John Canning 
C) William Paton 
D) DR Scott

Question 5

Which of the following is not one of DR Scott's hierarchy of accounting postulates and principles?

Accepted Answer

A) Orientation postulate. 
B) The principles of truth and fairness. 
C) The materiality principle 
D) The principles of adaptability and consistency. 
A) Orientation postulate. 
B) The principles of truth and fairness. 
C) The materiality principle 
D) The principles of adaptability and consistency.

Discuss the contributions of the works by Sanders Hatfield and More,and Paton and Littleton to accounting theory.

Which of the following is considered a pervasive constraint by Statement of Financial Accounting Concepts No.2

Which of the following organizations published the monograph titled A Tentative Statement of Accounting Principles Affecting Annual Corporate Reports

Which early accounting theorist was among the first to express the view that all changes in the value of assets and liabilities should be reflected in the financial statements ?\

Which of the following is not one of DR Scott's hierarchy of accounting postulates and principles?

The Development of Accounting Theory

International Accounting

Research Methodology and Theories on the Uses of Accounting Information

Income Concepts,revenue Recognition and Matching

Financial Statement I: the Income Statement

Financial Statements Ii: the Balance Sheet and the Statement of Cash Flows

Working Capital

Long-Term Assets I: Property,plant,and Equipment

Long-Term Assets Ii: Investments and Intangibles

Long-Term Liabilities

Accounting for Income Taxes

Leases

Pensions and Other Postretirement Benefits

Equity

Accounting for Multiple Entities

Financial Reporting Disclosure Requirements and Ethical Responsibilities

Filters

Exam 2: The Pursuit of the Conceptual Framework

Discuss the contributions of the works by Sanders Hatfield and More,and Paton and Littleton to accounting theory.

Which of the following is considered a pervasive constraint by Statement of Financial Accounting Concepts No.2

Which of the following organizations published the monograph titled A Tentative Statement of Accounting Principles Affecting Annual Corporate Reports

Which early accounting theorist was among the first to express the view that all changes in the value of assets and liabilities should be reflected in the financial statements ?\

Which of the following is not one of DR Scott's hierarchy of accounting postulates and principles?

The Development of Accounting Theory

International Accounting

Research Methodology and Theories on the Uses of Accounting Information

Income Concepts,revenue Recognition and Matching

Financial Statement I: the Income Statement

Financial Statements Ii: the Balance Sheet and the Statement of Cash Flows

Working Capital

Long-Term Assets I: Property,plant,and Equipment

Long-Term Assets Ii: Investments and Intangibles

Long-Term Liabilities

Accounting for Income Taxes

Leases

Pensions and Other Postretirement Benefits

Equity

Accounting for Multiple Entities

Financial Reporting Disclosure Requirements and Ethical Responsibilities

Filters