Accountants provide for inflation using which of the following accounting principles?
A) going concern
B) time period
C) conservatism
D) materiality
E) none of the answers are correct

Question

Quizplus · Accepted Answer

Accountants do not specifically provide for inflation using any of the listed accounting principles. Inflation is typically addressed through adjustments in financial reporting standards or specific accounting methods, not directly through these principles.

Accountants Provide for Inflation Using Which of the Following Accounting