Podcast
Questions and Answers
Accounting concepts and principles ensure that information communicated to users is prepared in a proper way
Accounting concepts and principles ensure that information communicated to users is prepared in a proper way
True
Accounting concepts and principles do not provide reasonable assurance about the accuracy or reliability of the information communicated to users
Accounting concepts and principles do not provide reasonable assurance about the accuracy or reliability of the information communicated to users
False
Accounting concepts and principles are not important for preparing financial statements
Accounting concepts and principles are not important for preparing financial statements
False