Determine which qualitative characteristic best applies to each situation.
- Search Terms:
anticipated
artificial
assumptions
business
characteristics
economic
gaap
operate (lo–)
assumptions a absence accepted accounting activities.
b. all and applies are assumptions be below best body.
c. business can characteristic common company concern
. continue contrary, denominator descriptions
. divided each economic entity entity
. events financial for four generally going identified identify in indefinitely.
d. information intervals into is it life measure monetary needed note: of once once.
e– only particular periodicity
. principles. qualitative reporting required:
determine situation. that the time to underlying unit
a. used which will with
