The concept which seeks to prevent profits from being ove...
The concept which seeks to prevent profits from being overstated is
Materiality
Consistency
Prudence
Periodicity
Correct answer is C
No explanation has been provided for this answer.
Excess of current assets over current liabilities is ...
The accounting concept which is the basis upon which assets of a business are valued is the ...
Which of the following is not an administrative expenses in a manufacturing organization? ...
BALANCE SHEET AS AT 31st DECEMBER, 2010 \(\begin{array}{c|c} & ₦ & & ₦ \\ \hline \te...
In a professional partnership, membership must be between ...
In a non-profit oriented organization, the excess of income over expenditure is ...
A discount that is allowed to encourage a debtor to pay off his debt within a period is the ...
Given: Fixed assets N85,600 Sales N197,000 Stock N34,300 Salaries N37,000 Purchases N127,700 S...