( )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
A: Time period
B: Business entity
C: Going-concern
D: Monetary unit
举一反三
- ( ) 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
- The time period assumption states that the economic life of a business entity can be divided into artificial time periods. ( )
- 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.
- 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
- 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