Which of the following accounting conventions suggests that accountants should use a method of valuation that understates rather than over-states results? by Sunday | Dec 5 | Accounting JAMB | 0 comments A. Conservatism B. Historical C. Monetary D. Cost Correct Answer: Option A – Conservatism Users Also Read These:Electrical power is transmitted at a high voltage…The accounting principle that is applied to check…The delegates found it better to resort to…The concept of marketing as a process which begins…Why is the ion Na+ form in normal chemical reactions…