charlenehormutp3jiwl charlenehormutp3jiwl

02-02-2018
Business

contestada

Based on the concept of _____, big companies probably do not record all its assets as assets.

consistency
materiality
comparability
completeness

Respuesta :

gaifly26 gaifly26

02-02-2018

i really dont know but..imgoing to say consistency

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emmanuelkossy emmanuelkossy

04-03-2020

Answer:

Materiality

Explanation:

The concept of materiality states that an accounting standard can be ignored if the net impact of doing so has such a small impact on the financial statements that a user of the statements would not be misled. This materiality concept allows big companies to not record all assets as assets.

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