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    Business
  3. Study Set
    Accounting for Business
  4. Exam
    Exam 4: The Statement of Cash Flows
  5. Question
    Being Cautious and Expecting Less Favourable Outcomes Describes Which Accounting
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Being Cautious and Expecting Less Favourable Outcomes Describes Which Accounting

Question 6

Question 6

Multiple Choice

Being cautious and expecting less favourable outcomes describes which accounting convention?


A) Realisation
B) Prudence
C) Accruals
D) Historic cost

Correct Answer:

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