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Question 24

The accounting principle that states that, In the preparation of account statements, revenues are recognized as soon as goods is passed on to the customer is the

  • A.materiality conccept
  • B.matching concept
  • C.constitiency concept
  • D.realization concept
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2013
Question no.
#24
Type
Objective
Previous · Q23Which of the following accounts has credit balance? Next · Q25 Agreement between partners is contained in the partnership

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