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महाराष्ट्र राज्य शिक्षण मंडळएचएससी कला (इंग्रजी माध्यम) इयत्ता ११ वी

State whether the following statement is true or false with reasons: Conservatism means to follow safe side. - Book Keeping and Accountancy

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प्रश्न

State whether the following statement is true or false with reasons:

Conservatism means to follow the safe side.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर

उत्तर

This statement is True.
As per the conservatism concept always consider probable loss and avoid the probable profit. Therefore, we can say that conservatism means to follow the safe side.
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Accounting Concepts, Conventions and Principles
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Introduction to Book - Keeping and Accountancy - EXERCISE [पृष्ठ १७]

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बालभारती Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
पाठ 1 Introduction to Book - Keeping and Accountancy
EXERCISE | Q 4. 2) | पृष्ठ १७
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