Why are financial statements more relevant they are based on historic cost current cost or...

80.2K

Verified Solution

Question

Accounting

Why are financial statements more relevant they are based on historic cost current cost or so other attribute With the companies assets reported in its balance sheet be more represents represents faithful if they include the human capital then they would be without reported in about for their employees

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students