Which of the following is not an accounting convention?

Consistency

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Disclosure

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Going concern

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Conservatism

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Solution

The correct option is C Going concern
Accounting conventions are a set of industry best practices that are adopted by the company to serve as guidelines to record financial transactions of the company.
The four main accounting Conventions are
1. Consistency
2. Conservatism
3. Full disclosure
4. Materiality

Whereas Going Concern is an accounting Concept. which states that the business will not stop in near future.

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