The principle that can be summarized as "anticipate no gains, but provide for all possible losses and if in doubt, record an asset at the lowest reasonable amount and report a liability at the highest reasonable amount" is the:

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The principle described in the question is the accounting conservatism principle, which requires that a company anticipate no gains, but provide for all possible losses and if in doubt, record an asset at the lowest reasonable amount and report a liability at the highest reasonable amount. This principle helps ensure that financial statements are not overstated and that investors and creditors have a more accurate picture of a company's financial position. The other options mentioned (revenue concept, materiality principle, and disclosure principle) are all important accounting principles, but do not match the description given in the question.

The Principle That Can Be Summarized as "Anticipate No Gains