In many cases, especially regarding the accounting of expenses, it is allowed for the accounting professional to make a unified entry of several sm...

In many cases, especially regarding the accounting of expenses, it is allowed for the accounting professional to make a unified entry of several small-value expenses in the same account, naturally observing the rules of applicable legislation. Thus, regarding considering the accounting procedures to be performed and the cost required to record this information, indicate below the alternative that precisely guides the accounting procedures in this sense.


Prudence convention
Objectivity convention
Cost-benefit convention
Consistency convention
Materiality convention