• 2022-06-06
    The business entity principle states that the affairs of the owners are part of the financial operations of a business entity and should not be separated.
    A: 正确
    B: 错误
  • B

    内容

    • 0

      The<br/>business entity principle means that a business will continue<br/>operating for an indefinite period of time.( )

    • 1

      The assumption that states any business needs to be accounted for separately from other business entities, including its owner or owners is: A: Time-period assumption. B: Business entity assumption. C: Monetary unit assumption. D: Going-concern assumption.

    • 2

      A business entity is regarded as separate from the personal activities of its owners whether it is a sole proprietorship, a partnership, or a corporation.

    • 3

      2. The business being separate and distinct from the owners is an integral part of the: A: a.time period assumption B: b.going concern assumption C: c.business entity assumption D: d.realization assumption

    • 4

      The time period assumption states that the economic life of a business entity can be divided into artificial time periods. ( )