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Intermediate Final
this is comprehensive
7
Accounting
Undergraduate 3
12/12/2008
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Cards

Term
matching, revenue recognition, historical cost, full disclosure
 Definition
four basic principles
Term
periodicity, economic entity, going concern, monetary unit
 Definition
four assumptions
Term
materiality, industry practices, conservatism, cost benefit relationship
 Definition
four contraints
Term
relevance&reliability
 Definition
primary qualities
Term
predictive value, feedback value, timeliness
 Definition
relevance
Term
representational faithfulness, neutrality, verifiability
 Definition
reliability
Term
consistancy&comparability
 Definition
secondary qualities
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