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The FASB conceptual framework consists of all of the following except: Multiple choice question. qualitative characteristics objectives recognition and measurement concepts elements

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ayfat23

It Shoud be noted that FASB conceptual framework consists:

  • qualitative
  • characteristics objectives recognition
  • measurement concepts elements.

Uniformity is the option that does belongs to the framework, because all other mentioned were the FASB conceptual framework.

What is Financial Accounting Standards Board?

Financial Accounting Standards Board  can be described as not-for-profit organization that is set to establishes financial accounting as well as reporting standards.

Learn more about Financial Accounting Standards Board at:

https://brainly.com/question/14175988

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Answer:

Concepts

Explanation:

The measurement principle is one of the four general principles. The conceptual framework consists of objectives, qualitative characteristics, elements, and recognition and measurement.

Objectives—to provide information useful to investors, creditors, and others.

Qualitative characteristics—to require information that has relevance and faithful representation.

Elements—to define items in financial statements.

Recognition and measurement—to set criteria for an item to be recognized as an element; and how to measure it.

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