The conceptual framework is a statement of accepted theoretical principles, and is the ________________________of financial reporting. a. Frame of reference b. Back bone c. None of the above d. Foundation
The conceptual framework is a statement of accepted theoretical principles, and is the ________________________of financial reporting. a. Frame of reference b. Back bone c. None of the above d. Foundation
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter2: Financial Reporting: Its Conceptual Framework
Section: Chapter Questions
Problem 2MC: Which of the following is considered a constraint on useful information by Statement of Financial...
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The conceptual framework is a statement of accepted theoretical principles, and is the ________________________of financial reporting.
a.
Frame of reference
b.
Back bone
c.
None of the above
d.
Foundation
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