The concept which seeks to prevent profits from being overstated is? by Sunday | Apr 23 | Accounting WAEC | 0 comments A. materiality B. consistency C. prudence D. periodicity Correct Answer: Option C – prudence Users Also Read These:Profits are recognized when goods are sold. What…As a political ideology, communism seeks to?If a winner emerges in an election as a result of…In being unfaithful to her husband; _____…Closing stock was overstated. The effect is that?