The concept of ... require that accounting date should be variable and bias free
Answers
Answered by
1
Explanation:
The objectivity concept requires that accounting transaction should be free from the bias of accountants and others.
This principle states that accounts should be prepared independently of biases and subjective methods.
This can be possible when each of the transaction is supported by verifiable documents or vouchers.
Answered by
0
Answer:
Reliability Principle involved with the following accounting principle or concept: Neutrality: Financial statements or information must be prepared free from any bias.
Similar questions