YouTube Videos to WatchWatch a YouTube video while you download the software
| May 30, 2007 ||Accounting Conventions - The term convention means 'established usage.' Conventions are based on practicability and usage. For example, the relationship of 12 units forming a dozen is a convention. Accounting Concept - Denotes logical consideration and a notion which is generally and widely accepted. The term is not used in the sense of a set of hard and fast rules but rather of rules of general application which provide guide in selection of accounting methods appropriate in particular circumstances. |
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