Neco Model Questions Vol1 2019 Financial Accounting Question 9
Practice objective / multiple choice question 9 from the 2019 Neco Model Questions Vol1 Financial Accounting examination.
A small business records revenue only when cash is received, ignoring sales that have been earned but not yet collected. Which fundamental accounting concept is being violated?
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About This Question
This is Neco Model Questions Vol1 2019 Financial Accounting Question 9. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Financial Accounting examination.
Difficulty level: Easy .
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