题目

Which accounting concept states that omitting or misstating this information could influence users of the financial statements?

A

The consistency concept

B

The accruals concept

C

The materiality concept

D

The going concern concept

The materiality concep

多做几道

Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and

services have been received.Which accounting concept governs the above?

A

The business entity concept

B

The materiality concept

C

The accruals concept

D

The duality concept

What are the problems of only using financial performance indicators for measuring the performance of a company?

What is the difference between internal and functional benchmarking?

Describe the three elements of VFM

Explain two factors that should be considered when designing divisional performance measures.