Solved

When Tamar Snyder Opened a Shoe Store, Her Accountant Did

Question 44

Multiple Choice

When Tamar Snyder opened a shoe store, her accountant did not include the cash in her personal savings account as one of the assets of the business. This is an example of


A) the separate entity assumption.
B) the conservatism principle.
C) the materiality principle.
D) industry practice principle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions