Financial Accounting MCQs

If nothing is written about the accounting assumption to be followed it is presumed that

If nothing is written about the accounting assumption to be followed it is presumed that

April 23, 2022 25

If nothing is written about the accounting assumption to be followed it is presumed that

Q. If nothing is written about the accounting assumption to be followed it is presumed that

A. They have not been followed

B. They are followed to some extent

C. They are followed to some extent

D. None

Answer: They have not been followed

If nothing is written about the accounting assumption to be followed it is presumed that

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