Presented listed below are a number of operational guidelines andmethods that have actually occurred over time.Select the assumption, principle, or constraint that mostaccordingly justifies these actions and methods.

You are watching: An allowance for doubtful accounts is established

(a) Fair value alters are not recognized in the accountingrecords.

EconomicEntity AssumptionMaterialityFull Disclosure PrincipleMeasurementPrinciple (historical cost)Expense Recognition PrincipleMeasurementPrinciple (fair value)Revenue Recognition PrincipleExpenseRecognition and also Revenue Recognition PrinciplesPeriodicityAssumption

(b) Financial indevelopment is presented so that investors will notbe misled.

ExpenseRecognition and also Revenue Recognition PrinciplesPeriodicityAssumptionRevenue Recognition PrincipleMeasurement Principle(historic cost)Full Disclocertain PrincipleExpense RecognitionPrincipleMaterialityMeasurement Principle (fair value)EconomicEntity Assumption

(c) Intangible assets are capitalized and also amortized over periodsbenefited.

MeasurementPrinciple (fair value)Full Disclosure PrincipleExpense Recognitionand also Revenue Recognition PrinciplesPeriodicityAssumptionMaterialityMeasurement Principle (historic cost)RevenueRecognition PrincipleExpense Recognition PrincipleEconomic EntityAssumption

(d) Agrisocial providers use fair worth for functions of valuingplants.

EconomicEntity AssumptionPeriodicity AssumptionRevenue RecognitionPrincipleExpense Recognition and Revenue RecognitionPrinciplesMeasurement Principle (historic cost)MeasurementPrinciple (fair value)Full Disclocertain PrincipleExpense RecognitionPrincipleMateriality

(e) Each enterprise is maintained as a unit distinct from its owner orowners.

MaterialityEconomicEntity AssumptionExpense Recognition and Revenue RecognitionPrinciplesPeriodicity AssumptionExpense RecognitionPrincipleMeasurement Principle (historical cost)Revenue RecognitionPrincipleMeasurement Principle (fair value)Full DisclosurePrinciple

(f) All considerable post-balance-sheet events are reported.

MeasurementPrinciple (historical cost)Periodicity AssumptionMaterialityExpenseRecognition PrincipleRevenue Recognition PrincipleExpenseRecognition and Revenue Recognition PrinciplesMeasurement Principle(fair value)Full Disclosure PrincipleEconomic Entity Assumption

(g) Revenue is videotaped at allude of sale.

ExpenseRecognition and also Revenue Recognition PrinciplesMeasurement Principle(historical cost)Full Disclosure PrincipleMaterialityPeriodicityAssumptionMeasurement Principle (fair value)Expense RecognitionPrincipleEconomic Entity AssumptionRevenue RecognitionPrinciple

(h) All crucial aspects of bond indentures are presented infinancial statements.

MaterialityPeriodicityAssumptionMeasurement Principle (historic cost)Full DisclosurePrincipleMeasurement Principle (fair value)Expense RecognitionPrincipleEconomic Entity AssumptionRevenue RecognitionPrincipleExpense Recognition and also Revenue Recognition Principles

(i) Rationale for accrual audit.

RevenueRecognition PrincipleExpense Recognition and also Revenue RecognitionPrinciplesFull Disclosure PrincipleMeasurement Principle (fairvalue)Expense Recognition PrincipleMaterialityEconomic EntityAssumptionPeriodicity AssumptionMeasurement Principle (historicalcost)

(j) The usage of consolidated statements is justified.

RevenueRecognition PrincipleExpense Recognition and Revenue RecognitionPrinciplesExpense Recognition PrincipleEconomic EntityAssumptionPeriodicity AssumptionMeasurement Principle (historicalcost)MaterialityFull Disclocertain PrincipleMeasurement Principle(fair value)

(k) Reporting must be done at identified time intervals.

MeasurementPrinciple (historic cost)Expense Recognition and also RevenueRecognition PrinciplesMeasurement Principle (fair value)ExpenseRecognition PrincipleEconomic Entity AssumptionFull DisclosurePrincipleRevenue Recognition PrinciplePeriodicityAssumptionMateriality

(l) An allowance for hesitant accounts is established.

FullDisclocertain PrincipleExpense Recognition PrincipleMeasurementPrinciple (fair value)Economic Entity AssumptionRevenue RecognitionPrincipleMaterialityExpense Recognition and also Revenue RecognitionPrinciplesPeriodicity AssumptionMeasurement Principle (historicalcost)

(m) Goodwill certainly is recorded just at time of purchase.

ExpenseRecognition PrincipleRevenue Recognition PrincipleMeasurementPrinciple (historic cost)Periodicity AssumptionExpenseRecognition and Revenue Recognition PrinciplesFull DisclosurePrincipleMaterialityMeasurement Principle (fair value)EconomicEntity Assumption

(n) A firm charges its sales commission expenses to cost.

See more: Losing Control: How And Why People Fail At Self-Regulation, Losing Control: How And Why People Fail At Self

MeasurementPrinciple (fair value)Economic Entity AssumptionExpense RecognitionPrincipleRevenue Recognition PrincipleExpense Recognition andRevenue Recognition PrinciplesFull Disclocertain PrinciplePeriodicityAssumptionMeasurement Principle (historical cost)Materiality


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