Which of the following is most closely linked to accounting conservatism?

Which of the following is most closely linked to accounting conservatism?

Which of the following is most closely linked to accounting conservatism? | Accounting Quiz | Management Notes

The various options for the question “Which of the following is most closely linked to accounting conservatism?” are as below:

a. Lower-of-cost-or-market rule
b. Materiality concept
c. Disclosure principle
d. Consistency principle

The correct answer to this question is an option (b) Materiality concept.

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