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You are watching: A company reports details behind financial statements


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Q: ParagraphStyies11-Unifying the money of the jae won statements items for every one of the subsidiar...

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A: Hi studentSince there are multiple questions, we will certainly answer only very first question. 


"identifying audit principles and also assumptions C4Enter the letter A v H because that the rule or assumption in the blank an are next come eachnumbered description that it finest reflects.A. General accountancy principleB.Measurement (cost) principleC.Business reality assumptionD.Revenue recognition principleE.Specific audit principleF.Expense recognition (matching) principleG.Going-concern assumptionH. Full disclosure principleA company reports details behind jae won statements the would affect users' decisions.2.Financial declaration reflect the assumption that the business continues operating.3.A agency records the expenses incurred to create the profits reported.Concepts, assumptions, and also guidelines because that preparing jae won statements.5.Each service is accounting for separately from its owner or owners.6.Revenue is recorded as soon as products and services are delivered.Detailed rules offered in report events and transactions.