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  3. Study Set
    Financial Accounting Study Set 19
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    Exam 1: A Framework for Financial Accounting
  5. Question
    The Assumption That the Life of the Business Can Be
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The Assumption That the Life of the Business Can Be

Question 26

Question 26

Multiple Choice

The assumption that the life of the business can be divided into time intervals for reporting purposes is the:


A) Monetary unit assumption.
B) Periodicity assumption.
C) Economic entity assumption.

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