Practice free →
Home › CBSE Class 12 (Commerce) › Accountancy › Financial Statements of a Company › Reliance on personal judgements by accountants c…

Reliance on personal judgements by accountants can introduce

AGoodwill
BLiquidity
CInflation
DBias
Answer & Solution
Correct answer: D. Bias
Results depend on concepts and personal judgements, so bias may creep into the reported position.
Solve this in the app — CBSE Class 12 (Commerce) practice & 24k+ MCQs →
Related questions