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Commerce · Q932

Accounting

Graduate and Post Graduate · Commerce · question 932

Q932

While putting the value and price of the entity in financial records, the lowest prices recorded, not the current price or current market value, is known as

A.
Business entity concept
B.
Money measurement concept
C.
Conservatism
Answer
D.
Expenditure concept

Answer: Option C

Solution

Answer: Option C
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