Solved

The Accounting Guideline Prescribing That Financial Statement Information Be Supported

Question 135

Multiple Choice

The accounting guideline prescribing that financial statement information be supported by independent,unbiased evidence other than someone's belief or opinion is the:


A) Business entity principle
B) Monetary unit principle
C) Going-concern principle
D) Objectivity principle
E) Full disclosure principle

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: Explain the role of accounting in the

Q113: The income statement reports all of the

Q132: Janelle McKnight starts a business called Newberry

Q134: From the information given,prepare a November 30

Q136: Marian Mosely is the owner of Mosely

Q138: Which of the following is the correct

Q139: Beginning assets were $437,600,beginning liabilities were $262,560,common

Q140: Congress passed the Sarbanes-Oxley Act to<br>A)Provide jobs

Q151: The income statement shows the financial position

Q201: Managerial accounting is an area of accounting