The assumption that enables us to prepare periodic statements between the time that a business commences operations and the time it goes out of business is:
a. time period.
b. business entity.
c. historical cost.
d. transaction.
e. None of the answers are correct.
A
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A) inventory management. B) manufacturing. C) product costing. D) product placement.
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
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A. social needs B. personal needs C. physiological needs D. safety needs