“Transactions are governed by legal principles, but are nevertheless accounted for and presented in accordance with the substance and financial reality”. This is in compliance with the principle of by Sunday | Jun 4 | Accounting WAEC | 0 comments A. substance over form B. prudence C. objectively D. materiality Correct Answer: Option D D. materiality Users Also Read These:Electrical Power Principle EEE 407 Past QuestionsMKT 113 Principle of Nigerian Law Past QuestionsPrinciple Of Account ACC 121 Past QuestionsURP 304 Principle of Valuation Past QuestionsModern international trade is based on the principle of?