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प्रश्न
The rule of stock valuation ‘cost price or realisable value’ whichever is lower is based on the accounting principle of ________.
विकल्प
Materiality
Money measurement
Conservatism
Accrual
उत्तर
The rule of stock valuation ‘cost price or realisable value’ whichever is lower is based on the accounting principle of Conservatism.
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संबंधित प्रश्न
The business is liable to the proprietor of the business in respect of capital introduced by the person according to ________.
The concept which assumes that a business will last indefinitely is ____________.
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Briefly explain about realisation concept.
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Write a brief note on ‘Consistency’ assumption.
Why should a business concern follow the matching concept?
What is the matching concept?
“Only monetary transactions are recorded in accounting”. Explain the statement.
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