Dried dehydrated meat (jerky) has traditionally been made by drying meat at low temperatures (140Â°F â 170Â°F) for a long period of time. These processing conditions can make it difficult to assure a safe end result, including using a home dehydrator.
The relevance principle is an accounting principle that states in order for financial information to be useful to external users, it must be relevant. GAAP goes on to describe the concept of relevance. Relevant information is useful, understandable, timely, and needed for decision making.
The Importance of Accounting Equation. The accounting equation is the basic accounting equation, representing the relationship among the liabilities, assets, and owner's equity of a business. It is the foundation of double entry principle in accounting system.