Question:
Define, Pervasive.
Author: Monique TylerAnswer:
(a) Effects that are not confined to specific elements, accounts or items of the financial statements; (b) effects that, if so confined, represent or could represent a substantial proportion of the financial statements; or (c) regarding disclosures, are fundamental to users’ understanding of the financial statements.
0 / 5 (0 ratings)
1 answer(s) in total