• 2022-06-07
    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.
  • C

    内容

    • 0

      The time period assumption states that the economic life of a business entity can be divided into artificial time periods. ( )

    • 1

      The statement that the average strain of the section conforms to the plane section assumption means that the strain of a section in the cracked section conforms to the plane section assumption.

    • 2

      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

    • 3

      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

    • 4

      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