the financial statements should be stated in term of common financial denominator
Share
the financial statements should be stated in term of common financial denominator
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
The financial statements should be stated in terms of common financial denominator. the financial accounting information is directed towards the common needs of users and is independent of presumptions about particular needs and desires of specific users. the result of standard of adequate disclosure.