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    Accounting Study Set 3
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    Exam 3: The Adjusting Process
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    Which of the Following Assumes That Financial Statements of a Business
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Which of the Following Assumes That Financial Statements of a Business

Question 38

Question 38

Multiple Choice

Which of the following assumes that financial statements of a business can be prepared for specific periods?


A) matching principle
B) revenue recognition principle
C) time period concept
D) adjusting entry principle

Correct Answer:

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