write the characteristics of accounting principles
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Explanation:
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. ...
Feasibility: The accounting principles should be practicable.
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Explanation:
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. ...
Feasibility: The accounting principles should be practicable.
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