The accounting principle that requires important noncash financing and investing activities be reported on the statement of cash flows or in a footnote is the:
A. Going concern principle.
B. Materiality principle.
C. Full disclosure principle.
D. Historical cost principle.
E. Business entity principle.
Answer: C
You might also like to view...
When you conduct and image review, you should review your images, periodically taking time to reassess the roles you perform, the statements you use to describe yourself, and the extent to which you ______ of your own values and behavior.
Fill in the blank(s) with the appropriate word(s).
When the manager of a RadioShack electronics store decides to accept American Express credit cards from its customers, what is the decision about?
A. Product B. Promotion C. Place D. Price
Consumer marketersdirect their efforts to customers who are buying products to use either directly or indirectly to produce other products.
Answer the following statement true (T) or false (F)
With unsupervised data mining, analysts do not create a model or hypothesis before running the analysis
Indicate whether the statement is true or false