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#1
6th December 2021, 03:02 PM
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Explain how the inconsistency in Accounting should be resolved?
Two accounting concepts or conventions could clash or there could be inconsistency between them give two examples of such situations and explain how the inconsistency should be resolved
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#2
9th December 2021, 08:30 PM
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Re: Explain how the inconsistency in Accounting should be resolved?
Examples of such situations are:
1. Full Discloser and Materiality concept. 2. Accrual Basis Accounting and Prudency Accounting. |
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#3
9th November 2022, 02:18 PM
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Re: Explain how the inconsistency in Accounting should be resolved?
What are the two situations where accounting convection can clash and the solution to such situation?
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