When accounting for transactions and preparing financial statements certain assumptions are made and a number of working rules are complied with. Which of the following would you regard as assumptions rather than working rules?

(i) Accruals 

(ii) Money measurement 

(iii) Separate entity

(iv) Historical cost 

(v) Going concern 

(vi) Non-aggregation

(vii) Prudence 

(viii) Stable value of money 

(ix) Consistency

Transcribed Image Text:

a i, ii, iii b ii, iii, v, viii ci, v, viii, ix d iii, v, viii, ix