लेखांकन में सारवत्ता (Materiality) की अवधारणा यह मानती है कि वित्तीय विवरणों के उपयोगकर्ताओं के लिए सभी जानकारी का समान महत्व नहीं होता है। किसी मामले को तब सारवान (material) माना जाता है जब:

Consider the following accounting concepts: 1. Substance over form 2. Accrual concept 3. Money measurement concept 4. Consistency concept Which of these are fundamental accounting concepts explicitly or implicitly reflected in the preparation of standard financial statements?

Evaluate the following technical statements regarding accounting concepts: Statement 1: The Money Measurement Concept dictates that only transactions expressible in money are recorded, meaning critical qualitative factors like employee loyalty are omitted from the balance sheet. Statement 2: Management Accounting is a branch of accounting primarily concerned with providing standardized financial statements (like Form A and Form B) to external stakeholders like the RBI. Statement 3: The Prudence Concept suggests that a bank should provide for all anticipated losses but should not anticipate future profits, which justifies creating provisions for non-performing assets. Which option is correct?