219k views
1 vote
The FASB rejected ____________ as a desirable characteristic of accounting information, suggesting that it is inconsistent with ____________.

User Dwjbosman
by
8.5k points

1 Answer

2 votes

Answer:

conservatism; neutrality.

Step-by-step explanation:

The FASB rejected conservatism as a desirable characteristic of accounting information, suggesting that it is inconsistent with neutrality.

Hope this helps!

User Dennis Meng
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.