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Prudence vs conservatism

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30 December 2015 what is the difference between prudence and conservatism?

30 December 2015 http://taxguru.in/income-tax/tax-accounting-standards-key-recommendations-main-points.html

30 December 2015 Conservatism (or conservativism) is any political philosophy that favours tradition (in the sense of various religious, cultural, or nationally-defined beliefs and customs) in the face of external forces for change, and is critical of proposals for radical social change.




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