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The management of a firm is remarkably incompetent, but the firms accountants can not take this into account while preparing book of accounts because of ______ concept - Accountancy

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Question

The management of a firm is remarkably incompetent, but the firms accountants can not take this into account while preparing book of accounts because of ______ concept

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Solution

The management of a firm is remarkably incompetent, but the firms accountants can not take this into account while preparing book of accounts because of money measurement concept

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