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underlying assumption

Xxyzc3y ago
The Conceptual Framework identifies which of the following as an underlying assumption in preparing financial statements. Going concern materiality Substance over form Accruals Why the correct answer is not substance over form. Why the correct answer is correct
P2-D2P2-D2Tutor3y ago#1
Because substance over form is not one of the underlying assumptions. What do you believe the underlying assumption to be?
Xxyzc3y ago#2
Are qualitative characteristics such as substance over form not underlying assumptions
Xxyzc3y ago#3
What are the underlying assumptions
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