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Which of the following interpretations of the prudence concept is not true? OA. The prudence concept requires preparers of accounts to anticipate all income.

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Which of the following interpretations of the prudence concept is not true? OA. The prudence concept requires preparers of accounts to anticipate all income. OB. The prudence concept requires preparers of accounts to anticipate all costs. O C. The prudence concept requires preparers of accounts to take a cautious approach to accounts preparation. D. The prudence concept underpins the need for businesses to create a provision for doubtful debts.

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