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Marian Mosely Is the Owner of Mosely Accounting Services

Question 17

Multiple Choice

Marian Mosely is the owner of Mosely Accounting Services. Which accounting principle requires Marian to keep her personal financial information separate from the financial information of Mosely Accounting Services?


A) Monetary unit assumption.
B) Going-concern assumption.
C) Cost principle.
D) Business entity assumption.
E) Matching principle.

Correct Answer:

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