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    Intermediate Accounting IFRS Study Set 2
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    Exam 2: Conceptual Framework Underlying Financial Accounting
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    The Assumption That a Business Enterprise Will Not Be Sold
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The Assumption That a Business Enterprise Will Not Be Sold

Question 79

Question 79

Multiple Choice

The assumption that a business enterprise will not be sold or liquidated in the near future is known as the


A) economic entity assumption.
B) monetary unit assumption.
C) materiality assumption.
D) none of these.

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