Multiple Choice
A practical decision to expense a $120 printer rather than record it as property,plant,and equipment and depreciate it probably is made on the basis of the convention of
A) conservatism.
B) consistency.
C) materiality.
D) full disclosure.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q105: Which accounting term does not mean the
Q106: Use this information to answer the following
Q107: For accounting information to be useful,it must
Q108: Consistency in accounting means that a company
Q109: Use this information to answer the following
Q111: The normal operating cycle helps define which
Q112: The relevance of accounting information means that
Q113: A company with a profit margin of
Q114: Which of the following is not expressed
Q115: Why is it important for a company