1. The employees of AAA Company are remarkably prominent and experience. However, the account executive is unable to show this attribute in the accounting records due to the concept A monetary B materiality C prudence D accrual concept implies that the company need to record transactions based on the same method, format and policies over different time period. A Conservatism B Consistency C Comparability D Periodicity 3. If a company reports in its balance sheet that it had AED1,200,000 of stocks as at the end of the year, then that amount should indeed have been present on that date. A Neutrality B Faithful representation C Prudence D Monetary 4. Items presented in the financial statements should be something of interest to the users of the financial statements. A Consistency B Going concern C Materiality D Faithful representation