verifiable concept

What Do You Mean By Objectivity Concept?

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What Do You Mean By Objectivity Concept? The objectivity principle states that you should use only factual, verifiable data in the books, never a subjective measurement of values. Even if the subjective data seems better than the verifiable data, the verifiable data should always be used. What is objectivity concept with example? The objectivity principle

What Is Objectivity Concept Class 11?

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What Is Objectivity Concept Class 11? What is the Objectivity Concept? Objectivity concept in accounting is referred to as the principle which states that financial statements should be objective in nature. In other words, the financial information should be unbiased and free from any kind of internal and external influence. What is objectivity concept with