The financial statements that are prepared for the business are separate and distinct from the owners according to the
a. going-concern assumption.
b. matching principle.
c. economic entity assumption.
d. full disclosure principle.
C
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One of the risks of software licensing is the _____.
A. increased duration for system availability and implementaion B. low quality of software C. difficulty in modifications to meet specifc needs D. lack of after-sales support
________ are defined as companies that satisfy the same customer need
A) Communities B) Competitors C) Trendsetters D) Industries E) Task groups
Heidi wishes to deposit an amount into her savings account that will enable her to withdraw $800 per year for the next four years. She should deposit $800, multiplied by the
a. present value of a single sum factor. b. present value of an ordinary annuity factor. c. future value of a single sum factor. d. future value of an ordinary annuity factor.
All bonds face default risk but only some face interest-rate risk
Indicate whether the statement is true or false