Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

During the financial period, the skill and efficiency of a business’s workforce have risen. The business owner wishes to show a value for this in the financial statements. His accountant recommends that he should not do this. Which accounting concept is being applied by the accountant?

  • Abusiness entity
  • Bmatching
  • Cmoney measurement
  • Dprudence

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