Score 0 of 10 pls E614 bookstatic Consider the following acc
Score: 0 of 10 pls E6-14 (book/static) Consider the following accounting terms and definitions: (Click the icon to view the definitions.) Match the accounting terms with the corresponding definitions. 1. Specific identification 2. Materiality concept 3. Last-in, first-out (UFO) 4. Conservatism 5. Consistency principle 6. Weighted-average 7. Disclosure principle 8. First-in, first-out (FIFO)
Solution
PLEASE RATE THE ANSWER
| ANSWER OPTIONS | ||
| 1 | SPECIFIC IDENTIFICATION METHOD | C |
| 2 | MATERIALITY CONCEPT | H |
| 3 | LAST IN FIRST OUT | F |
| 4 | CONSERVATISM | E |
| 5 | CONSISTENCY PRINCIPLE | G |
| 6 | WEIGHTED AVERAGE | D |
| 7 | DISCLOSURE PRINCIPLE | B |
| 8 | FIRST IN FIRST OUT | A |
