Specific principles, bases, conventions, rules and practices applied in presenting financialstatements, are called,

Specific principles, bases, conventions, rules and practices applied i

1.	Specific principles, bases, conventions, rules and practices applied in presenting financialstatements, are called,
A.	Accounting estimates
B.	Accounting policies
C.	Prospective application
D.	Accounting estimates
Answer» C. Prospective application