Financial and Management Accounting

1: Which of the following accounting concepts has the working rule: "anticipate no profits but provide for all possible losses. "?

A.	Conservatism concept
B.	Materiality concept
C.	Revenue recognition concept
D.	Consistency concept
	Answer : A Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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