Solution-Which is qualitative characteristic being applied

Which is qualitative characteristic being applied by entity

Reference no: EM132774656

Problem 1: An entity recognizes an estimated loss from the decline in value of a property. Which of the following is most likely the qualitative characteristic being applied by the entity?

Option 1: Substance over Form
Option 2: Faithful representation
Option 3: Prudence
Option 4: Reliability

Reference no: EM132774656

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Which is qualitative characteristic being applied by entity

Reference no: EM132774656

Reference no: EM132774656

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