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Commerce · Q371

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 371

Q371

Amortization of intangible Asset such as Goodwill which has indefinite life is an example of accounting concept:

A.
Conservatism Concept
Answer
B.
Continuity Concept
C.
Realisation Concept
D.
Measurement Concept

Answer: Option A

Solution

Answer: Option A
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