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The concept that an accountant shouldn't anticipate profit but must provide...

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Accounting
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The concept that "an accountant shouldn't anticipate profit, but must provide for all losses"

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Correct Answer: Option A
Conservation concept states that "an accountant shouldn't anticipate profit, but must provide for all losses". The concept that an accountant shouldn't anticipate profit, but must provide for all losses is known as The conservatism concept.
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