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Match the items of the following two lists and indicate the...

This question belongs to Commerce Accounting
Accounting
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Match the items of the following two lists and indicate the correct answer:
List-I List-II
a. Earning ability of a firm 1. Basis of accounting
b. Conservatism 2. P/V ratio
c. Cash profit 3. Cash flow statement
d. Cash and accrual 4. Prudence

Answer & Solution
Correct Answer: Option A
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