nightwind642 nightwind642

23-06-2021
Business

contestada

What do you think are the main pros and cons of conservatism in financial accounting?

Respuesta :

kaichazen kaichazen

23-06-2021

Answer:

Negative revenues fully reflect the entire profit during the time they occur. When working under the principle of conservatism in financial accounting, there is an asymmetric timeline of profits.

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