CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Significance of Financial Analysis

What are the ...

Question

What are the 5 basic accounting principles?

Open in App

Solution

The five accounting principles are:

Historical cost principle.

Objectivity principle.

Revenue recognition principle.

Matching principle.

Full disclosure principle.

Also see: Accounting MCQs

Suggest Corrections

thumbs-up

0

Similar questions

Q. what are Generally Accepted Accounting Principles

Q. Basic principles of audit issued by the Institute of Chartered Accountants of Indian are applicable to ____________.

Q. Plant asset are depreciated over their useful lives. Which basic principle of accounting does this procedure reflect?

A basic requirement which consist a set of principles, coding and grouping structure of accounting is _______________.

Q. One of the basic requirement which consists a set of principles, coding and grouping structure of accounting is__________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Significance of Financial Analysis

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon