The disclosure of a line item for Other current assets in the Statement of financial position would be justified according to which of the following? o Comparability Materiality o Consistency O Neutrality o Verifiability

The disclosure of a line item for Other current assets in the Statement of financial position would be justified according to which of the following? o Comparability Materiality o Consistency O Neutrality o Verifiability

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing

Section: Chapter Questions

Problem 11Q

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Question

The disclosure of a line item for Other current assets in
the Statement of financial position would be justified
according to which of the following?
O Comparability
Materiality
o Consistency
Neutrality
o Verifiability

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