ECONOMICS

COST ACCOUNTING

COST MANAGEMENT SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which two rules determine whether a condition has been met for accounting rules? (Choose two.)
A
The conditions are evaluated in the sequence they are defined in the accounting rule.
B
After all conditions are tested, the final resulting value is used.
C
When the condition is met, the rule associated with that priority is used.
D
Priorities determine the order in which accounting rule conditions are examined.
E
Use parenthesis to control the order of the condition evaluation.
Explanation: 
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