The accounting concept that requires financial information to be supported by independent, unbiased evidence is: a. Verifiable objective principle. b. Conservatism convention concept. c. Business entity assumption. d. Materiality convention concept.

The accounting concept that requires financial information to be supported by independent, unbiased evidence is: a. Verifiable objective principle. b. Conservatism convention concept. c. Business entity assumption. d. Materiality convention concept.

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 4MC

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