explain why the author's assessment of the appropriateness of the going concern assumptions is so important. answer in detail
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explain why the author's assessment of the appropriateness of the going concern assumptions is so important. answer in detail
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- When is a subject matter considered appropriate? a. Identifiable, and capable of consistent evaluation or measurement against the identified criteria. b. The information about it can be subjected to procedures and for gathering of sufficient appropriate evidence to support a conclusion. c. Either a or b. d. Both a and b. explain whyAre there any reasons to question the validity of the CAPM?Explain.Answer with proper explanation.
- What is meant by each of the following potential characteristics of information: relevant, accurate, and timely? Is objective information always relevant? Accurate?A principle that is concerned with information that should be significant enough to affect evaluations and decisions is called? * O Consistency O Historical cost O Materiality O Adequate disclosure Expense recognitionHow is materiality related to relevance base on IFRS Foundation?
