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The accounting concept which allows the use of a particular method for treating a transaction...

Accounts - Principles of Accounts
WAEC 2004
The accounting concept which allows the use of a particular method for treating a transaction for a reasonable number of years is
  • A. consistency
  • B. cost
  • C. accrual
  • D. conservatism
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Correct Answer: Option A
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts