Due to this accounting principle I have to store the accounting documents for example invoices, cash receipts etc. for the predetermined time periods as I need to be able to prove the data used in the accounting. Select one: a. consistency principle b. prudence principle O c. full disclosure principle d. reliability principle

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
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Problem 10MC: Which of the following is the principle that a business must report any business activities that...
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Due to this accounting principle I have to store the accounting documents for example invoices, cash receipts etc. for the
predetermined time periods as I need to be able to prove the data used in the accounting.
Select one:
a. consistency principle
b. prudence principle
c. full disclosure principle
d. reliability principle
Transcribed Image Text:Due to this accounting principle I have to store the accounting documents for example invoices, cash receipts etc. for the predetermined time periods as I need to be able to prove the data used in the accounting. Select one: a. consistency principle b. prudence principle c. full disclosure principle d. reliability principle
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