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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
Question
Frequent changes in the methods of depreciation or stock valuation should be avoided.
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Answer

According to consistency concept, if depreciation is provided by straight of depreciation or stock valuation should be avoided.

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