Question: A company is expected to earn a profit of Rs.1 crore from a contract next year, the Accountant of the company is reluctant to

A company is expected to earn a profit of Rs.1 crore from

A company is expected to earn a profit of Rs.1 crore from a contract next year, the Accountant of the company is reluctant to account for this expected profit in the current year. He is guided by the Accounting concept of....... A Materiality B Consistency C Conservatism D Matching

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