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    Financial Accounting
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    Exam 2: Investing and Financing Decisions and the Accounting System
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    Which of the Following Assumptions Implies That a Business Can
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Which of the Following Assumptions Implies That a Business Can

Question 110

Question 110

Multiple Choice

Which of the following assumptions implies that a business can continue to remain in operation into the foreseeable future?


A) Historical cost principle.
B) Monetary unit assumption.
C) Continuity assumption.
D) Separate-entity assumption.

Correct Answer:

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