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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
The materiality concept states that a company must ________.
A) perform strictly proper accounting only for significant items
B) use the same accounting methods and procedures from period to period
C) report enough information for outsiders to make knowledgeable decisions about the company
D) report only such information that enhances the financial position of the company
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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