Accounting policies brace a behave in them which advise be used both in positive and a negative manner to bring out the desired result interest is the list of a few accounting policies that generally play a role in one organization: * Depreciation * Materiality * tax taxation Recognition Principle * Matching Principle * Going stage business * Full Disclosure Principle * Cost Principle * era Period Assumption * Intangible Asset Intangible Asset Intangible addition is an identifiable asset without any sensual substance. These generally take on anything and everything that falls under Reputation, drive in How, Knowledge, Recognit ion and Intellectual piazza which are long ! terminal in nature. Intangible Assets are further divided into 2 types based upon the usefulness of their life Limited Life These types of assets have an expiration date associated with them, such as goodwill, secure or patents. Unlimited Life These types of assets do not have any...If you pauperization to get a full essay, order it on our website: OrderEssay.net
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