Multiple Choice Questions on Omission of paise and showing the round figures in financial statements is based on ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

Omission of paise and showing the round figures in financial statements is based on ........

Accountancy (11th) Chapter-2 Theory base of Accounting
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    Omission of paise and showing the round figures in financial statements is based on

    Conservatism

    Incorrect Answer

    Consistency

    Incorrect Answer

    Materiality

    Correct Answer

    Money measurement

    Incorrect Answer
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    Explanation:

    Materiality

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