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Accounting Principle
Accounting principles are the primary assumptions, rules of operation, and necessary features that make up the framework for the construction of accounting financial statements.
In sequence to be useful, the accounting information must have certain features, such as being dependable and practical. For be dependable, the accounting information have to be accurate, unbiased, & verifiable. To be practical, accounting information have to be predictable, prepared in a timely fashion, & be able to give meaningful feedback. Additional characteristics are in which the accounting information must be consistent, comparable, serve a utilitarian required (such as cost/benefit), and make a material difference.
The theoretical spot rates for treasury securities represent the appropriate set of interest rates that should be used to value the risk from default-free cash fl
why is agency problem important
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Q. Describe the Functions of Controller? (1) Planning and budgeting: - It comprises capital expenditure planning, profit planning, budgeting, inventory control, sales forecasti
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