Question: Please answer all the questions 4. Accounting information is based on the most reliable data available. Reliable data are verifiable, which means they can be

Please answer all the questions
Please answer all the questions 4. "Accounting information is based on

4. "Accounting information is based on the most reliable data available. Reliable data are verifiable, which means they can be confirmed by any independent observer." refers to: A) Objectivity principle. B) Cost principle. C) Going-concern concept. D) Entity principle. 5. "Assumption that the entity will remain in operation for the foreseeable future long enough to use existing resources for their intended purpose." refers to: A) Objectivity principle. B) Cost principle. C) Going-concern concept. D) Entity principle

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