nightwind642 nightwind642
  • 23-06-2021
  • Business
contestada

What do you think are the main pros and cons of conservatism in financial accounting?

Respuesta :

kaichazen
kaichazen kaichazen
  • 23-06-2021

Answer:

Negative revenues fully reflect the entire profit during the time they occur. When working under the principle of conservatism in financial accounting, there is an asymmetric timeline of profits.

Answer Link

Otras preguntas

Which statement best describes how globalization is affecting the world? Globalization is growing less important as time passes. The world is becoming more glob
Which of these is used to find the estimated age range of a fossil?
The graph represents the function (check picture)
This extreme value problem has a solution with both a maximum value and a minimum value. Use Lagrange multipliers to find the extreme values of the function sub
Which of the following expressions are equivalent
Dove Corp. began operating a hardware store in the current year after constructing a building at a total cost of $100,000 on land previously acquired for $50,00
Whats the area of the triangle (5 and 8)​
Software built and delivered in pieces is known as
Send it quick guys...
Do you think there are always clear solutions to environmental problems? Explain your response.