Accountıng I Deneme Sınavı Sorusu #1209650

According to Conservatism which of the following  idea is not correct? 


Anticipate no gains, but provide for all probable losses.

If in doubt, record an asset the lowest reasonable amount and reliability at the highest reasonable amount.

When there is a question, record an expense rather than an asset

When you are faced with a decision between two possible options, you must choose the option that undervalues, rather than overvalues, your business

When there is a question,ıt should be not recorded.


Yanıt Açıklaması:

E is wrong because,when there is a question, record an expense rather than an asset

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