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Short answers: Q.Explain the following accounting principles / assumptions, using your own words. A. Materiality: (Explain how it is related to decision making by capital

Short answers:

Q.Explain the following accounting principles / assumptions, using your own words.

A. Materiality: (Explain how it is related to decision making by capital providers)

B. The Going concern Assumption: (Explain how it is related to depreciation)

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