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  3. Study Set
    Contemporary Accounting
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    Exam 5: Presentation of Financial Position and the Worksheet
  5. Question
    Double-Entry Bookkeeping Is Based on a Rule Known As
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Double-Entry Bookkeeping Is Based on a Rule Known As

Question 51

Question 51

Multiple Choice

Double-entry bookkeeping is based on a rule known as:


A) accrual accounting.
B) going concern principle.
C) the principle of duality.
D) the business entity principle.

Correct Answer:

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