The language of accounting needs to be sufficiently general:
A) To be easily understandable
B) To be applicable to a variety of situations and business models
C) To be flexible
D) To be reliable

Question

Quizplus · Accepted Answer

The language of accounting must be general enough to apply to various situations and business models, ensuring it can be used universally across different industries and contexts.

The Language of Accounting Needs to Be Sufficiently General