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    Financial Accounting Study Set 17
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    Exam 1: A Framework for Financial Accounting
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    The Major Underlying Assumptions of Accounting Include All of the Following
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The Major Underlying Assumptions of Accounting Include All of the Following

Question 20

Question 20

Multiple Choice

The major underlying assumptions of accounting include all of the following except:


A) Economic entity.
B) Monetary unit.
C) Legal liability.
D) Going concern.

Correct Answer:

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