Financial and Management Accounting

1: Consider the following Accounting Concepts 1. Business Entity Concept 2. Going Concern Concept 3. Dual Aspect Concept 4. Money Measurement Concept Which of the above accounting concepts are generally called fundamental accounting concepts?
A.

1,2 and 4

B.

1,2 and 3

C.

2 and 3

D.

2 and 4

 

Answer : A

Explanation :

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Option: A

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