What characterizes the aggregate constraint principle in accounting? a) Resources available limit total possible economic activity reporting b) Only individual transactions matter c) Economic constraints don't affect reporting Business size determines all limitations

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 12E
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What characterizes the aggregate constraint principle in
accounting?
a) Resources available limit total possible economic activity
reporting
b) Only individual transactions matter
c) Economic constraints don't affect reporting
Business size determines all limitations
Transcribed Image Text:What characterizes the aggregate constraint principle in accounting? a) Resources available limit total possible economic activity reporting b) Only individual transactions matter c) Economic constraints don't affect reporting Business size determines all limitations
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