Which accounting principle is being applied when an accounting policy is applied the same way year after year?
A: Accruals
B: Consistency
C: Going concern
D: Materiality
A: Accruals
B: Consistency
C: Going concern
D: Materiality
举一反三
- Which TWO of the following are accounting concepts? A: Code of ethics B: Going concern C: Accruals D: Conceptual framework
- Which principle does not belong to the four general principles of accounting? A: The accounting entity concept B: The going-concern assumption C: The time-saving principle D: The monetary principle
- Fiscal year is another term for accounting period.
- When a force is applied to the spinning gyro, the rotor moves in a same direction of the applied force.
- The length of the usual accounting period is ( ) . A: haif a year B: one year C: two years D: three years