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Which of the Following Actions Are Consistent with the Notion

Question 60

Multiple Choice

Which of the following actions are consistent with the notion of "prudence"?


A) deliberate overstatement of expenses to reduce profits.
B) excessive provisions for warranty expenses.
C) careful assessment of doubtful debts.
D) adoption of accelerated depreciation method to reduce profits.
E) moving forward unrealised sales to increase profits.

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