Câu 52: CPA Test: Certified Public Accountant Test: Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, Regulation

Which of the following is a generally accepted accounting principle that illustrates the practice of conservatism during a particular reporting period?

1. A. Capitalization of research and development costs.
2. B. Accrual of a contingency deemed to be reasonably possible.
3. C. Reporting investments with appreciated market values at market value.
4. D. Reporting inventory at the lower of cost or market value. — đáp án hiện tại