Fundamental Assumptions – NBC Institute

BL – Nov 2019 – L1 – SA – Q3 -Introduction to Law

Identifying the fundamental assumptions in the preparation of financial statements

Question

Question:
Which of the following combinations of accounting concepts are the fundamental assumptions in the preparation of financial statements?
A. Accrual and double entry
B. Going concern and entity
C. Materiality and consistency
D. Accrual and going concern
E. Going concern and offsetting

Answer

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Tags: Accounting Concepts, Financial Statements, Fundamental Assumptions
Level: Level 1

Topic: Introduction to Law
Series: NOV 2019

FA – Nov 2019 – L1 – SA – Q3 Accounting Concepts-

Identify the fundamental accounting assumptions for preparing financial statements.

Question

Which of the following combinations of accounting concepts are the fundamental assumptions in the preparation of financial statements?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Concepts, Fundamental Assumptions
Level: Level 1

Topic: Accounting Concepts
Series: NOV 2019

BL – Nov 2019 – L1 – SA – Q3 -Introduction to Law

Identifying the fundamental assumptions in the preparation of financial statements

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Concepts, Financial Statements, Fundamental Assumptions
Level: Level 1

Topic: Introduction to Law
Series: NOV 2019

FA – Nov 2019 – L1 – SA – Q3 Accounting Concepts-

Identify the fundamental accounting assumptions for preparing financial statements.

Question

Which of the following combinations of accounting concepts are the fundamental assumptions in the preparation of financial statements?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Concepts, Fundamental Assumptions
Level: Level 1

Topic: Accounting Concepts
Series: NOV 2019

Question Tag: Fundamental Assumptions

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BL – Nov 2019 – L1 – SA – Q3 -Introduction to Law

Identifying the fundamental assumptions in the preparation of financial statements

FA – Nov 2019 – L1 – SA – Q3 Accounting Concepts-

Identify the fundamental accounting assumptions for preparing financial statements.

BL – Nov 2019 – L1 – SA – Q3 -Introduction to Law

Identifying the fundamental assumptions in the preparation of financial statements

FA – Nov 2019 – L1 – SA – Q3 Accounting Concepts-

Identify the fundamental accounting assumptions for preparing financial statements.

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BL – Nov 2019 – L1 – SA – Q3 -Introduction to Law

Identifying the fundamental assumptions in the preparation of financial statements

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FA – Nov 2019 – L1 – SA – Q3 Accounting Concepts-

Identify the fundamental accounting assumptions for preparing financial statements.

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BL – Nov 2019 – L1 – SA – Q3 -Introduction to Law

Identifying the fundamental assumptions in the preparation of financial statements

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FA – Nov 2019 – L1 – SA – Q3 Accounting Concepts-

Identify the fundamental accounting assumptions for preparing financial statements.

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