The Conceptual Framework identifies an UNDERLYING ASSUMPTION in preparing financial statements. This is:
举一反三
- The Conceptual Framework identifies four enhancing qualitative characteristics of financial information. For which of these characteristics is DISCLOSURE OF ACCOUNTING POLICIES particularly important?
- A ____________________ helps in preparing financial statements, is useful in preparing interim statements, and is helpful in showing the effects of proposed transactions.
- Basic accounting addresses introduction to the concepts and principles of the accounting process, the technical and procedural aspects of preparing external financial statements.( ）
- The process of transferring information from journal to the ledger is known as . （ ） A: posting B: preparing a trial balance C: journalizing D: preparing financial statements
- The responsibilities of management include （ ） A: preparing for financial statements B: Establishing effective internal control over financial reporting¡ C: Compliance of regulations of companies D: Complaince with auditing standards