A company can report financial results each year each quarter or each month with the issuance of

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Question:

A company can report financial results each year each quarter or each month with the issuance of financial statements.

Which underlying assumption is being highlighted by this example:

a. monetary unit assumption

b. going concern concept

c. economic "entity" concept

d. periodicity assumption

Posted Date: Oct 04, 2021 11:50 PM

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A company can report financial results each year each quarter or each month with the issuance of

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Expert Answer:

Correct answer d periodicity assumption Explanation The periodicity assumption states tha... View the full answer

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