New Enroll in RBI Gr B 2025 Exclusive New Batch on March 18

    Question

    The practice of appending notes regarding contingent

    liability in accounting statements is pursuant to:
    A Convention of consistency Correct Answer Incorrect Answer
    B Money measurement concept Correct Answer Incorrect Answer
    C Convention of conservatism Correct Answer Incorrect Answer
    D Convention of full disclosure Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next

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