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Question 0

Which of the following accounting conventions suggests that accountants should use a method of valuation that understates rather than over-states results?

  • A.Conservatism
  • B.Historical
  • C.Monetary
  • D.Cost
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2008
Question no.
#0
Type
Objective
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