Which of the following arguments is not in favour of entities being required to comply with accounting standards? They reduce variations in methods used to produce accounts They oblige companies to disclose their accounting policies They are a less rigid alternative to legislation They may tend towards rigidity in applying the rules A B C D

Which of the following arguments is not in favour of entities being required to comply with accounting standards? They reduce variations in methods used to produce accounts They oblige companies to disclose their accounting policies They are a less rigid alternative to legislation They may tend towards rigidity in applying the rules A B C D

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter2: Financial Reporting: Its Conceptual Framework

Section: Chapter Questions

Problem 14C

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