Match terms and definitions. Put your answer in the space provided. 1. The prese
ID: 2506718 • Letter: M
Question
Match terms and definitions. Put your answer in the space provided.
1.
The presentation of information in a manner such that users can depend on it to represent economic conditions.
2.
The concept relating to the relationship of two or more accounting numbers on an intra?comparability basis.
3.
The method by which expenses for a period are determined by direct association with specific revenues over a particular time period.
4.
The concept of providing results that would be substantially duplicated by independent measurers using the same measurement methods.
5.
The exchange price at the date of the transaction.
6.
The concept of choosing the alternative with the least favorable effect upon owner
1.
The presentation of information in a manner such that users can depend on it to represent economic conditions.
2.
The concept relating to the relationship of two or more accounting numbers on an intra?comparability basis.
3.
The method by which expenses for a period are determined by direct association with specific revenues over a particular time period.
4.
The concept of providing results that would be substantially duplicated by independent measurers using the same measurement methods.
5.
The exchange price at the date of the transaction.
6.
The concept of choosing the alternative with the least favorable effect upon owner
Explanation / Answer
10-e ;
2-a ;
6 -i ;
7-g ;
1 - d ;
3 -k ;
4-f ;
5- i ;
8- b ;
9- c
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