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  3. Study Set
    Financial Accounting Study Set 1
  4. Exam
    Exam 1: Introduction to Financial Accounting
  5. Question
    The Owner of a Corner Store Keeps Separate Private and Business
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The Owner of a Corner Store Keeps Separate Private and Business

Question 2

Question 2

Multiple Choice

The owner of a corner store keeps separate private and business transactions.To which financial statement assumption does this relate?


A) Materiality
B) Accounting entity
C) Accounting period
D) Going concern

Correct Answer:

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