The idea that a business be accounted for separately and independently from its owner or owners is known as the()
A: objectivity principle
B: business entity principle
C: going-concern principle
D: revenue recognition principle
A: objectivity principle
B: business entity principle
C: going-concern principle
D: revenue recognition principle
举一反三
- The idea that a business be accounted for separately and independently from its owner or owners is known as the ( ) A: business entity principlw B: Objective principle C: going-concern principle D: revenue recoginition principle
- The idea that a business be accounted for separately and independently from its owner or owners is knows as ( ) A: objectivity principle B: business entity principle C: going-concern principle D: accounting period principle
- The accounting concept that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the: A: Time-period assumption. B: Revenue recognition principle. C: Measurement (Cost) principle. D: Business entity assumption. E: Going-concern assumption.
- The accounting concept that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the: () A: Going-concern<br/>assumption. B: Business entity assumption. C: Objectivity principle. D: Cost<br/>Principle.
- The assumption that states any business needs to be accounted for separately from other business entities, including its owner or owners is: A: Time-period assumption. B: Business entity assumption. C: Monetary unit assumption. D: Going-concern assumption.