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Commerce · Q2321

Accounting

Graduate and Post Graduate · Commerce · question 2321

Q2321

Which one of the following statements is FALSE:

A.
Accounting is commonly treated as language of business
B.
There are many views about accounting principles
C.
There is no application of conservatism principle in accounting
Answer
D.
Accounting is based on accounting equation

Answer: Option C

Solution

Answer: Option C
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