Question

The accounting concept that refers to
the tendency of accountants to resolve
uncertainty and doubt in favour of
understating assets and revenues and
overstating liabilities and expenses is
known as
O(a) Business entity concept
O (b) Conservatism conc.
ept
O (c) Going concern concept
0 (d) Matching concept​

Answer 1

Explanation:

O(b)Conservatism concept.