Match the following
List-I List-II
(A) Matching Principle (i) Ignores future profit estimations
(B) Materiality Principle (ii) Normal basis for valuing assets
(C) Conservatism Principle (iii) Revenues and expenses of a particular period
(D) Cost Principle (iv) Relates to relative size or importance of item or event
| A. | Code: (a) (b) (c) (d) (i) (iv) (ii) (iii) |
| B. | Code: (a) (b) (c) (d) (ii) (iii) (iv) (i) |
| C. | Code: (a) (b) (c) (d) (iii) (iv) (i) (ii) |
| D. | Code: (a) (b) (c) (d) (iv) (iii) (ii) (i) |
Answer : B Explanation : |
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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. |
