ᴡʜᴀᴛ ᴀʀᴇ ᴛʜᴇ ᴄʜᴀʀᴀᴄᴛᴇʀɪsᴛɪᴄ ᴏғ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ᴘʀɪɴᴄɪᴘʟᴇ?
Answers
Answered by
0
Essential Features of Accounting Principles:
Relevance or Usefulness: ADVERTISEMENTS: A principle will be relevant only if it satisfies the needs of those who use it. ...
Objectivity: A principle will be said to be objective if it is based on facts and figures. There should not be a scope for personal bias. ...
Feasibility:
Answered by
2
❥ᏗᏁᏕᏇᏋᏒ࿐
⇢ᴛʜᴇ ᴄʜᴀʀᴀᴄᴛᴇʀɪsᴛɪᴄ ᴏғ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ᴘʀɪɴᴄɪᴘʟᴇ ᴀʀᴇ :-
✿ ʀᴇᴠᴀʟᴀɴᴄᴇ
✿Understandability
✿Comparability
❥ᏂᎧᎮᏋ ᎥᏖፚ ᏂᏋᏝᎮ ᏬᏂᏂ࿐
Similar questions