Question: Dont answer only the first one, if you cant do all of them just leave for another tutor to solve all of them Thanks in

 Dont answer only the first one, if you cant do all
Dont answer only the first one, if you cant do all of them just leave for another tutor to solve all of them
Thanks in advance

This concept assumes that all business transactions must be in terms of money that is in the currency of a country. 7. A Monetary B Going concern C Duality D Faithful representation 8. If accounting year begins from 1 January, and ends on 31 December, it is known as A periodicity B entity C matching D accrual 9. If a company reports in its balance sheet that it had AEDI,200,000 of stocks as at the end of the year, then that amount should indeed have been present on that date. A Neutrality B Faithful representation C. Prudence D Monetary 10. Item s presented in the financial statements should be something of interest to the users of the financial statements. A Consistency B Going concern C Materiality D Faithful representation

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