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    Financial Accounting Study Set 3
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    Exam 1: Introduction to Financial Accounting
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    A Company's Assets Are Differentiated from the Owners' Assets
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A Company's Assets Are Differentiated from the Owners' Assets

Question 29

Question 29

Multiple Choice

A company's assets are differentiated from the owners' assets. What assumption/concept underlies this procedure?


A) Accounting entity
B) Accounting period
C) Historical cost
D) Going concern

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