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Assets and liabilities are valued with due caution in times of uncertainty. Which of the following Pervasive Principle & Concept best describe the above?

 

Assets and liabilities are valued with due caution in times of uncertainty. Which of the following Pervasive Principle & Concept best describe the above? A. Prudence B. Offsetting C. Frequency of Reporting D. Consistency of Reporting A. Prudence B. Offsetting C. Frequency of Reporting D. Consistency of Reporting

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