Following is an example of an accounting policy _____
a) Entity b) Consistency c) Going Concern d) Valuation of Stock
Answers
Answer:
hey mate ur ans is as follows:
d) VALUATION OF STOCK
hope so this helps u...
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Concept
Accounting policies are the precise rules and procedures used to compile financial statements that are implemented by a company's management team. Any accounting methodologies, measuring systems, and disclosure presentation procedures fall under this category.
Given
Following is an example of an accounting policy _____
a) Entity b) Consistency c) Going Concern d) Valuation of Stock
Find
We are asked to choose the correct option
Solution
An example of an accounting policy is valuation of stock. The purpose of stock valuation is to forecast future market prices so that investors may schedule their sells or purchases of investments. The stock valuation basics try to determine the stock's "Intrinsic" value, which reflects the company's profitability and future market worth.
Hence the correct option is (d) valuation of stock.