MCQOPTIONS
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				| 1. | 
                                    _ Depreciation is charged on fixed assets to comply with which of the following accounting principle?$? | 
                            
| A. | Matching concept | 
| B. | Prudence concept | 
| C. | Timeliness concept | 
| D. | Reliability concept | 
| Answer» B. Prudence concept | |