Maharashtra State BoardHSC Commerce 11th
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Select the most appropriate alternative from the given below and rewrite the statement. Accounts must be honestly prepared and they must disclose all material information is known as _________. - Book Keeping and Accountancy

MCQ

Select the most appropriate alternative from the given below and rewrite the statement.

Accounts must be honestly prepared and they must disclose all material information is known as _________.

Options

  • Entity Concepts

  • Dual Aspect Concept

  • Disclosure Concept

  • Cost Concept

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Solution

Accounts must be honestly prepared and they must disclose all material information is known as Disclosure Concept.

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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
Exercise Q.3 | Q 4 | Page 17
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