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Question 31

The accounting concept that allows the cost of kitchen cutlery to be expensed , though it will be used for more than one year is

  • A.Materiality
  • B.Accural
  • C.Going concern
  • D.Business Entity
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2015
Question no.
#31
Type
Objective
Previous · Q30In the balance sheet of a social club, subscription owing is treated as a Next · Q32 The accounting concept that assumes that a business will continue operating for…

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