Which of the following accounting principles best justifies accelerated depreciation accounting?

A) Materiality
B) Matching
C) Full disclosure
D) Consistency


B

Business

You might also like to view...

A firm using the market penetration strategy would try to attract new customers to existing products

Indicate whether the statement is true or false a. True b. False

Business

A tenancy by the entireties, created only by a conveyance to a husband and wife, is terminated by divorce

a. True b. False Indicate whether the statement is true or false

Business

Companies experiencing seasonal variations in sales often choose a fiscal year corresponding to their ________ year.

Fill in the blank(s) with the appropriate word(s).

Business

Your firm is faced with paying a variable rate debt obligation with the expectation that interest rates are likely to go up. Identify two strategies using interest rate futures and interest rate swaps that could reduce the risk to the firm

What will be an ideal response?

Business