Home » Classroom » WAEC Accounting 2013 Question

The basic assumption which underline the prepar... - WAEC Accounting 2013 Question

The basic assumption which underline the preparation of periodic financial statement is known as accounting

A
bases
B
techniques
C
concepts
D
method
correct option: c

Accounting concepts and conventions are the basic assumptions that underline the preparation of the periodic financial statements of a business.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses