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
A: objectivity principle
B: business entity principle
C: going-concern principle
D: accounting period 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: objectivity principle B: business entity principle C: going-concern principle D: revenue recognition principle
- 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 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.
- Which principle does not belong to the four general principles of accounting? A: The accounting entity concept B: The going-concern assumption C: The time-saving principle D: The monetary 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.