The time period assumption states that the economic life of a business entity can be divided into artificial time periods. ( )
举一反三
- ( )presumes that the life of a going-concern company can be divided into periods, such as months, quarters, or years? A: Time period B: Business entity C: Going-concern D: Monetary unit
- 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
- How many periods of time can the development of the three major parties in UK be divided into?
- 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
- ( ) means that the accounting is based on the measurement of currency with currency stability. A: The time period B: The business entity C: The going-concern D: The monetary unit