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Asked: 3 years ago2022-10-31T08:17:18+05:30 2022-10-31T08:17:18+05:30In: General Awareness

Valuation of stock at lower of cost or net realisable value is an example of
A. Consistency Convention
B. Conservatism Convention.
C. Realisation Concept.
D. Matching Concept.

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Valuation of stock at lower of cost or net realisable value is an example ofA. Consistency ConventionB. Conservatism Convention.C. Realisation Concept.D. Matching Concept.