accounting standard vs accounting principle
accounting principle vs accounting standardaccounting standard and accounting principle both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| accounting standard | Yes | No | No | No |
| accounting principle | Yes | No | No | No |
As nouns,
accounting standard and accounting principle
are synonyms defined as:
- accounting standard and accounting principle: a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions
| accounting standard (noun) | accounting principle (noun) |
|---|---|
| a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions | a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions |
Words related to "accounting standard"
Words related to "accounting principle"
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