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  • CFAS (Chapter 3) - Ando

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    Rejie Ando
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    The document lists 15 accounting principles for problems identification under two sections - the first section lists principles like relevance and comparability. The second section lists 15 statements related to the principles and identifies whether they are true or false.

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    CFAS (Chapter 3)_Ando

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    The document lists 15 accounting principles for problems identification under two sections - the first section lists principles like relevance and comparability. The second section lists 15 statements related to the principles and identifies whether they are true or false.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    17 views1 page

    CFAS (Chapter 3) - Ando

    Uploaded by

    Rejie Ando
    The document lists 15 accounting principles for problems identification under two sections - the first section lists principles like relevance and comparability. The second section lists 15 statements related to the principles and identifies whether they are true or false.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Problems 3-7 Identification

    1. Relevance
    2. Comparability
    3. Understandability
    4. Neutrality
    5. Substance over form
    6. Materiality
    7. Conservatism
    8. Completeness
    9. Relevance
    10. Faithful representation
    11. Completeness
    12. Free from error
    13. Comparability
    14. Verifiability
    15. Timeliness
    Problems 3-8 Identification True or
    False (IAA)
    1. True
    2. False
    3. True
    4. True
    5. False
    6. True
    7. False
    8. True
    9. False
    10. False
    11. False
    12. False
    13. False
    14. True
    15. False

    Prepared By: Rejie N. Ando (BSA 1)

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