Question 2 According to the scenarios below, state the concept or characteristic most closely related to it. (a) This concept promotes the recording of prices at the time of purchase. (b) This concept makes it possible to record trade receivables and trade payables in the accounts. (0) This concept makes it possible for accountants to recognize bad debts and allowances for doubtful debts. (d) This concept shows that it is possible to prioritise certain items over others, and this determines their accounting treatment. (e) When there are two possible versions of reality, which concept gives guidance to management as to which version to choose