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Omission of paise and showing the round figures in financial statements is based on?

(A) Conservatism Concept
(B) Consistency Concept
(C) Materiality Concept
(D) Realization Concept

►Correct Option

Correct Option is: C

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcqs

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