Accounting · Accounting Principles and Conventions
The practice of appending notes regarding contingent liability in accounting statements is pursuant to the:
- 1Convention of consistency
- 2Money measurement concept
- 3Convention of conservatism
- 4Convention of full disclosure✓
Correct answer
Convention of full disclosure
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Accounting Principles and Conventions?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Accounting Principles and Conventions