Which of the Following Constructs Have Developed from the Annual

Multiple Choice

Which of the following constructs have developed from the Annual Accounting Period Concept?
I.Entity Concept.
II.Capital Recovery.
III.Related Party.
IV.Tax Benefit Rule.
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A) Only statement I is correct.
B) Statements II and III are correct.
C) Statements III and IV are correct.
D) Only statement IV is correct.
E) Statements II, III, and IV are correct.