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What is Convention of Conservatism? Definition and Example

What is Convention of Conservatism? It is also known as ‘doctrine of prudence’. Convention of Conservatism states to anticipate all the future losses and ignore gains. The managers who are responsible for running the business...

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What is Convention of Materiality? Full Explanation with Example

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Convention of Materiality Convention of materiality states that items of small significance need not to be given strict theoretically correct treatment. There are many events in business which are insignificant in nature....

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What is Working Capital Management? Importance and Key Strategies

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What is Convention of Conservatism? Definition and Example

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Abnormal Cost Definition – Meaning and Example

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What is Convention of Materiality? Full Explanation with Example

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What is Working Capital Management? Importance and Key Strategies

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