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Definition of

fundamental accounting concepts


basic assumptions for accounts broad basic assumptions that underlie the periodic financial accounts of business enterprises.

Related definitions of "fundamental accounting concepts"

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Definitions of ’fundamental accounting concepts’ and meaning of ’fundamental accounting concepts’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’fundamental accounting concepts’ and other financial terms with our online QFINANCE Financial Dictionary.

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