[单项选择]

The reliability principle requires that accounting information be dependable--free from significant error and bias. Users of accounting information rely on its truthfulness. To be reliable, information must be verifiable by people outside the business; Financial statement users may consider information reliable if independent experts would agree that the information is based on objective and honest measurement. Consider the error in a company’s failure to accrue interest revenue at the end of an accounting period. This error results in understated interest revenue and understated net income. Clearly, this company’s accounting information is unreliable. Biased information -- data prepared from a particular viewpoint and not based on objective facts -- is also unreliable. Suppose a company purchased inventory for $ 25. 000. At the end of the ac A. The accounting information should depend on the principle. B. The accounting information should be free from significant error and bias. C. The accounting information relies on independent experts. D. The accounting information must be verifiable by people outside. 查看答案 更多"The reliability principle requires "的相关试题: [单项选择] The reliability principle requires that accounting information be dependable--free from significant error and bias. Users of accounting information rely on its truthfulness. To be reliable, information must be verifiable by people outside the business; Financial statement users may consider information reliable if independent experts would agree that the information is based on objective and honest measurement. Consider the error in a company’s failure to accrue interest revenue at the end of an accounting period. This error results in understated interest revenue and understated net income. Clearly, this company’s accounting information is unreliable. Biased information -- data prepared from a particular viewpoint and not based on objective facts -- is also unreliable. Suppose a company purchased inventory for $ 25. 000. At the end of the ac A. They just rely on its truthfulness. B. They must verify the information carefully. C. They should ask independent experts to verify the information to see whether it is based on objective and honest measurement. D. They may consider the information reliable. 查看答案 [单项选择]The reliability principle requires that accounting information be dependable--free from significant error and bias. Users of accounting information rely on its truthfulness. To be reliable, information must be verifiable by people outside the business; Financial statement users may consider information reliable if independent experts would agree that the information is based on objective and honest measurement. Consider the error in a company’s failure to accrue interest revenue at the end of an accounting period. This error results in understated interest revenue and understated net income. Clearly, this company’s accounting information is unreliable. Biased information -- data prepared from a particular viewpoint and not based on objective facts -- is also unreliable. Suppose a company purchased inventory for $ 25. 000. At the end of the accounting period, the inventory had declined in value and can be replaced for $ 20 000. Under the lower of cost or market rule, the compa 查看答案 [单项选择]A. There are two parties that decide what accounting information is useful and what is not. One is the users. It is a grave mistake for economic decision makers to leave this decision up to the "experts". If the accounting profession is not providing the information users need, or is not preparing it in a way that makes sense, the users must demand a change. The second party that decides what accounting information is useful and what is not is the accounting profession—but always with the proviso that the information should be tailored to the needs of users. B. The decisions made by internal and external decision makers are similar in some ways, but so different in other ways that two separate branches of accounting have developed to meet the needs of these two categories of user. The accounting information generated specifically for use by internal decision makers is the product of what is called management accounting, while that generated for use by external parties is the produ 查看答案 [单项选择] ·Read the article about the cash basic of accounting. ·Choose the best word to fill each gap, from A, B, C or D. ·For each question 19—33, mark one letter (A, B, C or D) on your Answer Sheet. ·There is an example at the beginning. Under the cash basis of accounting, a firm recognizes revenues from selling goods and providing Services in the period when it receives cash from customers. It reports{{U}} (19) {{/U}}in the period when it makes cash expenditures for merchandise, salaries, insurance, taxes, and{{U}} (20) {{/U}}items. To illustrate the measurement of performance under the cash basis of accounting, consider the following example. Donald and Joanne Allens open a hardware store on January 1, Year 1. The firm receives $20,000{{U}} (21) {{/U}}cash from the Aliens and borrows $12,000 from a local bank. It must repay the loan on A. treat as B. pay for C. pay back D. treat 查看答案 我来回答: 提交 最新试题 ●    对个人报市场价格出租的居民住房，暂按（）的税率征收营业税。 ●    [单选题]VHF收发信机静噪开关置ON，则静噪电路（）。 ●    [单选题]如车辆需要进行轮对镟修时检修调度应提前与（ ）进行沟通、确认作业时间 ●    [单选题]扬程是( )的性能参数。 ●    [判断题]目前柜面办理票交所非交易业务涉及操作系统为贸易通系统和票据交易系统（CPES）。 ●    [多选题]识别邪教的基本方法是（ ）。 网站地图 我要搜题网  版权所有  ©2023  湘ICP备18016427号   购买搜题卡查看答案 [会员特权] 开通VIP， 查看 全部题目答案 [会员特权] 享免全部广告特权 推荐91天 ¥36.8 ￥80元 31天 ¥20.8 ￥40元 365天 ¥88.8 ￥188元 请选择支付方式 微信支付 支付宝支付 点击支付即表示同意并接受了《购买须知》 立即支付 系统将自动为您注册账号 已有账号登录 找回账号密码 请使用微信扫码支付 订单号： 请不要关闭本页面，支付完成后请点击【支付完成】按钮 支付完成 取消支付 恭喜您，购买搜题卡成功 系统为您生成的账号密码如下： 账号 密码 重要提示：请拍照或截图保存账号密码！ 我要搜题网官网：https://www.woyaosouti.com 我已记住账号密码