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P2 C6 Conventions, Assumption. Concepts and Principles ofAccounting — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C6 Conventions, Assumption. Concepts and Principles ofAccounting1 Mark
MCQ
Fixed assets are depreciated based on the Principle of $.......... .$
  • A
    Materiality
  • B
    Money Measurement
  • C
     Accounting Entity 
  • ✓
    Going Concern
✓

Answer

Correct option: D.
Going Concern

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