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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MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
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