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      Question

      Which of the following are major considerations in the

      selection and application of accounting policies to ensure that financial statements present a true and fair view?
      A Prudence, Substance over Form, and Materiality Correct Answer Incorrect Answer
      B Conservatism, Realisation, and Going Concem Correct Answer Incorrect Answer
      C Matching, Cost, and Dual Aspect Correct Answer Incorrect Answer
      D Accrual, Consistency, and Morrey Measurement Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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