These accounts have been prepared under the historical cost-13521
These accounts have been prepared under the historical cost convention.
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Lecture No.39 - Quiz No.1.
These accounts have been prepared under the historical cost convention.
Historical Cost Convention
Revenue Recognition
Fixed Assets
Stock Valuation
