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Identify the Accounting Concept or Principle That Relates to the Statement

Question 9

Multiple Choice

Identify the accounting concept or principle that relates to the statement in each of the following questions:
-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) reliability
C) materiality
D) prudence.

Correct Answer:

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