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Identify the Accounting Concept or Principle That Relates to the Statement

Question 25

Multiple Choice

Identify the accounting concept or principle that relates to the statement in the following question: If a particular item is,by reason of its nature or its size,significant to a proper understanding of the situation,it should be separately stated.


A) Relevance
B) Faithful representation
C) Materiality
D) Comparability

Correct Answer:

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