Discuss the concept-based on the premise do not anticipate profits but provide for all losses.

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Discuss the concept-based on the premise ‘do not anticipate profits but provide for all losses’.

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Accountancy Financial Accounting Part 1 Textbook For Class 11

ISBN: 9788174505071

1st Edition

Authors: NCERT

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Question Posted: Aug 19, 2023 04:48 AM

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Discuss the concept-based on the premise do not anticipate profits but provide for all losses.

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The concept of do not anticipate profits but provide for all losses is a fundamental principle in financial management and risk assessment It emphasizes the importance of being conservative and cautio...View the full answer

Accountancy Financial Accounting Part 1 Textbook For Class 11

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