Contingent liability is shown due to
| A. | Convention of full disclosure |
| B. | Convention of conservatism |
| C. | Convention of materiality |
| D. | Dual aspect concept |
Answer : C Explanation : Shalini Gupta said: (8:30am on Thursday 2nd November 2017)
Answer is Option A (Convention of full disclosure)
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
