Which of the following facilitates the comparison of financialperformance with one period to another period is possible ?O a.Historical cost conceptO b. Going concern AssumptionO c. Matching ConceptO d. Consistency Principle

Option a is wrong because historical cost concept suggests to record of assets and liabilities at…

Answered: facilitates the comparison of financial…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter2: The Accounting Information System

Section: Chapter Questions

Problem 5MCQ

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facilitates the comparison of financial noriod t moth