Accounting for IGCSE & O level - Advanced Principles (Section 9 - No. 14)
Which of the following accounting principles is most closely related to the idea of caution and conservatism when preparing financial statements?
Matching Principle
Prudence Principle
Realization Principle
Consistency Principle
คำอธิบาย
The Prudence Principle emphasizes caution and conservatism in accounting.