New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    According to the Accounting Standard-1, which of the

    following are the fundamental accounting assumptions?
    A Going Concern, Consistency, Accrual Correct Answer Incorrect Answer
    B Going Concern, Money Measurement, Conservatism Correct Answer Incorrect Answer
    C Going Concern, Consistency, Conservatism Correct Answer Incorrect Answer
    D Going Concern, Accounting Period, Accrual Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next

    Relevant for Exams: