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What is conservatism in simple terms?
What is conservatism in simple terms?
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Conservatism allows profits to be recorded only when they are fully realised and under these guidelines, losses are provided for at the time it happens.
Also read:What is Conservatism Concept?
Conservatism allows profits to be recorded only when they are fully realised and under these guidelines, losses are provided for at the time it happens.
Also read:What is Conservatism Concept?
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