Financial Accounting MCQs

Small items like, pencils, pens, files, etc. are written off within a year according to _ concept

April 25, 2022

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Small items like, pencils, pens, files, etc. are written off within a year according to _ concept

Q. Small items like, pencils, pens, files, etc. are written off within a year according to _ concept.

A. consistency

B. Conservatism

C. Realisation

D. Materiality

Answer: Materiality

Small items like, pencils, pens, files, etc. are written off within a year according to _ concept

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