FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

While putting the value or price of an entity in financial records the lowest price is recorded not the current price or current market value. This is known as

  • [A] Business Entity Concept
  • [B] Conservatism
  • [C] Expenditure Concept
  • [D] Money Measurment Concept
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