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Question
Select the most appropriate alternative from the given below and rewrite the statement.
Accounts must be honestly prepared and they must disclose all material information is known as _________.
Options
Entity Concepts
Dual Aspect Concept
Disclosure Concept
Cost Concept
MCQ
Solution
Accounts must be honestly prepared and they must disclose all material information is known as Disclosure Concept.
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Accounting Standards (AS) and International Financial Reporting Standards IFRS
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