Shared Flashcard Set

Details

Intermediate Final
this is comprehensive
7
Accounting
Undergraduate 3
12/12/2008

Additional Accounting Flashcards

 


 

Cards

Term
matching, revenue recognition, historical cost, full disclosure
Definition
four basic principles
Term
periodicity, economic entity, going concern, monetary unit
Definition
four assumptions
Term
materiality, industry practices, conservatism, cost benefit relationship
Definition
four contraints
Term
relevance&reliability
Definition
primary qualities
Term
predictive value, feedback value, timeliness
Definition
relevance
Term
representational faithfulness, neutrality, verifiability
Definition
reliability
Term
consistancy&comparability
Definition
secondary qualities
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