menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting for Non Specialists
  4. Exam
    Exam 2: Measuring and Reporting Financial Position
  5. Question
    The Accounting Convention That the Objectivity Principle Provides Support for Is
Solved

The Accounting Convention That the Objectivity Principle Provides Support for Is

Question 65

Question 65

Multiple Choice

The accounting convention that the objectivity principle provides support for is:


A) historic cost.
B) prudence (conservatism) .
C) relevance.
D) accounting period.

Correct Answer:

verifed

Verified

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

Related Questions

Q60: An example of where the prudence assumption

Q61: The statement of financial position provides insight

Q62: The effect on the statement of financial

Q63: The accounting convention that means only those

Q64: There is a growing tendency for many

Q66: If assets are $36,200 and equity is

Q67: Which of these assets, which could be

Q68: What are the possible approaches to presenting

Q69: Which of the following is not necessarily

Q70: The effect on the statement of financial

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines