Question: Definition 1 . Specific identification 2 . Materiality concept 3 . Last - in , first - out ( LIFO ) 4 . Conservatism 5

Definition
1.
Specific identification
2.
Materiality concept
3.
Last-in, first-out (LIFO)
4.
Conservatism
5.
Consistency principle
6.
Weighted-average
7.
Disclosure principle
8.
First-in, first-out (FIFO)

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