6) According to which principal the same accounting methods should be used
each year
a) Prudence b) Full disclosure c) Materiality d; Consistency
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5
Answer:
Financial Accounting both practical and theory-based is built on some accounting principles. There are some accounting equations that support these too. And these accounting principles are built on a few assumptions that we call accounting concepts. These thirteen accounting concepts find wide acceptance across the world by accounting professionals and auditors
Answered by
0
Answer:
d
Explanation:
company is responsible for disclosure of its accounts every year so it has to follow same set of rules yearly so company has to follow companies act .
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