New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is NOT a basic accounting

    concept included in GAAP?
    A Static Correct Answer Incorrect Answer
    B Going Concern Correct Answer Incorrect Answer
    C Economic Entity Correct Answer Incorrect Answer
    D Dual Aspect Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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