Categories
Popular Categories

Accounting

Agriculture

Auditing

Biology
More Categories

Chemistry

Computer

Economics

Engineering
Explore More

Looking for specific topics or want to browse our complete collection of categories?

View All Categories
8 categories
Quizzes
Leaderboard

Register

Question #72946

The concept of conservatism will have the effect of______________?

Options:

A) Overstatement of Assets

B) Understatement of Assets

C) Overstatement of Liabilities

D) Understatement of Liabilities

Answer: The concept of conservatism will have the effect of Understatement of Assets.

Related Questions

Category

Browse More Accounting Questions

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question