Which are the three factors that affect the accounting choices made by management?

Question

Quizplus · Accepted Answer

Constraints such as resources and time available, facts such as the nature of the business, and objectives like profitability and growth, all affect the accounting choices made by management. GAAP, IFRS, and legislation may also be factors to consider, but they are not the only ones. Choice B includes the most relevant factors that typically influence accounting choices.

Which Are the Three Factors That Affect the Accounting Choices