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Marian Mosely Is the Owner of Mosely Accounting Services

Question 136

Multiple Choice

Marian Mosely is the owner of Mosely Accounting Services.Which accounting assumption requires Marian to keep her personal financial information separate from the financial information of Mosely Accounting Services?


A) Monetary unit assumption
B) Going-concern assumption
C) Cost assumption
D) Business entity assumption
E) Full disclosure assumption

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