Which is an example of the prudence concept? A. Only items with a monetary value are included
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Which is an example of the prudence concept?
A. Only items with a monetary value are included in accounting
B. Accrued expenses are charged to profit and loss account
C. Profit is not over-stated
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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