menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 3: Adjusting Accounts for Financial Statements
  5. Question
    The Timeliness Principle Assumes That an Organization's Activities Can Be
Solved

The Timeliness Principle Assumes That an Organization's Activities Can Be

Question 140

Question 140

Multiple Choice

The timeliness principle assumes that an organization's activities can be divided into specific time periods including


A) One month
B) Quarters
C) Fiscal year
D) Calendar year
E) All of these

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q135: The entry to record a cash receipt

Q136: To correct the error in debiting a

Q137: The adjusting entry to record the earned

Q138: Before making adjusting entries at the end

Q139: At June 30, supplies on hand were

Q141: How much did Grow pay for insurance

Q142: The approach to preparing financial statements based

Q143: An unadjusted trial balance is a listing

Q144: The Office Supplies account shows a beginning

Q145: Depreciation attempts to adjust the ledger account

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines