ACC 541 Week 4 DQ 2 / Assignmentcloud.com

Question 1

ACC 541 Week 4 DQ 2

http://www.assignmentcloud.com/ACC-541/ACC-541-Week-4-DQ-2

The two basic requirements for the accrual of a loss contingency are supported by several basic concepts of accounting. Four of these concepts are periodicity (time periods), measurement, objectivity, and relevance.

Discuss how the two basic requirements for accrual of a loss contingency relate to the four concepts listed above.

Answer 1

Check this A+ Guidelines at

http://www.assignmentcloud.com/ACC-541/ACC-541-Week-4-DQ-2

For more classes visit

www.assignmentcloud.com