2. The business being separate and distinct from the owners is an integral part of the:
A: a.time period assumption
B: b.going concern assumption
C: c.business entity assumption
D: d.realization assumption
A: a.time period assumption
B: b.going concern assumption
C: c.business entity assumption
D: d.realization assumption
举一反三
- The time period assumption states that the economic life of a business entity can be divided into artificial time periods. ( )
- 1. The assumption that enables us to prepare periodic statements between the time that a business commences operations and the time it goes out of business is: A: a.time period B: b.business entity C: c historical cost D: d.transaction
- The business entity assumption means that a business is accounted for separately from other business entities.
- 中国大学MOOC: 2. The business being separate and distinct from the owners is an integral part of the:
- The business entity assumption means that a business is accounted for separately from other business entities, including its owner or owners.