Question: 2 . 3 Financial Reporting Concepts The monetary unit assumption of accounting means that every economic entity can be separately identified and recorded. a balance

2.3 Financial Reporting Concepts
The monetary unit assumption of accounting means that
every economic entity can be separately identified and recorded.
a balance sheet must be prepared at the end of each year.
financial statements include all important information needed by investors.
only items that can be expressed in money are recorded in accounting records.
2.3 Financial Reporting Concepts The monetary unit assumption of accounting means

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