Jesusgirl
Jesusgirl Jesusgirl
  • 17-05-2016
  • Business
contestada

the cost-benefit principle states that

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rocksamantha5
rocksamantha5 rocksamantha5
  • 17-05-2016
that the cost of providing financial information in the financial statements must not outweigh the benefit of that information to the users. 
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Amakamerem
Amakamerem Amakamerem
  • 05-03-2020

Answer:

Explanation:Cost Benefit Principle is an accounting principle and it states that, "the cost of providing financial information in the financial statements must not outweigh the benefit of that information to the users". It can also be referred to as

cost benefit relationship and it simply says that no financial information is free.

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