The concept that "an accountant shouldn't anticipate profit, but must provide for all losses" Options: A . &nbspConservation concept B . &nbspConsistency concept C . &nbspMateriality concept D . &nbspReduction concept

The concept that "an accountant shouldn't anticipate profit, but must provide fo

Question

The concept that "an accountant shouldn't anticipate profit, but must provide for all losses"

Options:

A . Conservation concept

B . Consistency concept

C . Materiality concept

D . Reduction concept

Answer: Option A

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