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Orlov [11]
3 years ago
9

Identify each of the following terms or phrases as an accounting (a) principle, (b) assumption, or (c) constraint.

Business
1 answer:
german3 years ago
7 0

Answer and Explanation:

The identification of the following terms as an accounting principle, assumption or constraint is

1 Business entity    = Assumption

2. Measurement  = Principle

3 Cost-benefit   = Constraint

4 Revenue recognition  = Principle

In this way the identification of the accounting terms would be done

The same is relevant too

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