The concept which seeks to prevent profits from being overstated is

Accounts - Principles of Accounts WAEC 2019

The concept which seeks to prevent profits from being overstated is 

  • materiality
  • consistency
  • prudence checkmark
  • periodicity

The correct answer is: C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment