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    Fundamental Accounting Principles Study Set 7
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    Exam 3: Adjusting Accounts for Financial Statements
  5. Question
    The Timeliness Principle Assumes That an Organization's Activities Can Be
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The Timeliness Principle Assumes That an Organization's Activities Can Be

Question 60

Question 60

Multiple Choice

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


A) Quarters.
B) Calendar year.
C) Fiscal year.
D) One month.
E) Any of the above.

Correct Answer:

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