Multiple Choice
The Cervantes Company uses the same method of depreciation for its equipment in each fiscal period. This practice is an example of
A) materiality.
B) matching.
C) consistency.
D) conservatism.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: Paige Turner Publishing paid cash in advance
Q44: Footnotes to financial statements are used to
Q45: The SEC's 2003 report to the Congress
Q46: When Tamar Snyder opened a shoe store,
Q47: Match the descriptions by entering the proper
Q49: What is meant by the concept of
Q50: The process used by FASB in developing
Q51: Hour Place Clock Repair paid $2,400 cash
Q52: Which of the following statements is NOT
Q53: The accounting assumption that the financial statements