Which of the following statement is true? Statement A: Financial statements are prepared on the basis of accounting principles. Statement B: Any changes in the accounting principles or method will affect the utility of the financial statements. ( )
A: A is true but not B
B: B is true but not A
C: Both are false
D: Both are true
A: A is true but not B
B: B is true but not A
C: Both are false
D: Both are true
举一反三
- Two statements about spreadsheets follow.<br/>Is each statement true or false? A: Statement 1 is true, Statement 2 is false B: Both statements are true C: Statement 1 is false, Statement 2 is true D: Both statements are false
- All of the following statements are true except one. Which statement is false?
- The cash basis of accounting commonly results in financial statements<br/>that are less comparable from period to period than the accrual basis<br/>of accounting ____ A: True B: False
- Are the following statements true or false? Mark “T” before a true statement and “F” before a false one.1. No one can escape the influence of culture. A: True B: False
- Which of the following statements is/are true? 1.A supplier of goods on credit is interested only in the statement of financial position, ie an indication of the current state of affairs. 2.The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an entity that is useful to wide range of uses in making economic decisions. A: 1 only B: 2 only C: Both 1 and 2 D: Neither 1 or 2