Not using the net method because of difficulties that may arise is a good example of applying
A)relevance.
B)the cost/benefit constraint.
C)representational faithfulness.
D)the fair value principle.

Question

Quizplus · Accepted Answer

The cost/benefit constraint suggests that the benefits of providing certain information should outweigh the costs of doing so. If using the net method is too difficult or costly, it may not be applied due to this constraint.

Not Using the Net Method Because of Difficulties That May