Math, asked by rushi7168, 3 months ago

The convention of
does not prohibit changes​

Answers

Answered by barani7953
0

Step-by-step explanation:

This convention increases accuracy and comparability of accounting information for prediction or decision making. This convention does not prohibit changes. If there is any change, its effect should be clearly stated in the financial statements

Answered by mithun890
0
  • The accounts has to lend themselves eailsy to the comparisions and contrasts.
  • Then this convection should  increase the accuracy and comparability of accunting information for prediction or decision making.
  • Therefore this convection doesnot prohibit changes, if changes are there then its effect should be stated clearly in the financial satements.

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