Question

Based on the concept of _____, big companies probably do not record all its assets as assets.

consistency
materiality
comparability
completeness

Answer 1

i really dont know but..imgoing to say consistency

Answer 2

Materiality

Step-by-step explanation:

The concept of materiality states that an accounting standard can be ignored if the net impact of doing so has such a small impact on the financial statements that a user of the statements would not be misled. This materiality concept allows big companies to not record all assets as assets.