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QS 1-4 Identifying principles, assumptions and constraints LO C4 Identify the following terms/phrases as either an accounting: (a) principle, (b) assumption, or (c) constraint.

QS 1-4 Identifying principles, assumptions and constraints LO C4 Identify the following terms/phrases as either an accounting: (a) principle, (b) assumption, or (c) constraint. 1 Expense recognition 2. Full disclosure 3. Business entity 4. Materiality

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