) Render Co. chose to round its income statement to the nearest thousandth dollar. Which of the following concepts did Render apply?
A. Materiality
B. Reliability
C. Consistency
D. Matching
Answer:C
) Render Co. chose to round its income statement to the nearest thousandth dollar. Which of the following concepts did Render apply?
A. Materiality B. Reliability C. Consistency D. Matching