INTUIT BOOKKEEPING

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Intuit Bookkeeping Professional Certificate Exam Questions With Revised Correct Answers Updated States that an amount can be ignored if its effect on the financial statements is small and not misleading - ANSWER Materiality Principle Once you adopt an accounting principle or method, continue to follow it consistently in future accounting periods so that the results reported from period to period are comparable - ANSWER Consistency Principle One currency is used th...

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