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
A: 正确
B: 错误
举一反三
- The idea that a business be accounted for separately and independently from its owner or owners is known as the() A: objectivity principle B: business entity principle C: going-concern principle D: revenue recognition principle
- The idea that a business be accounted for separately and independently from its owner or owners is knows as ( ) A: objectivity principle B: business entity principle C: going-concern principle D: accounting period principle
- The idea that a business be accounted for separately and independently from its owner or owners is known as the ( ) A: business entity principlw B: Objective principle C: going-concern principle D: revenue recoginition principle
- The business entity principle means that a business will continue operating for an indefinite period of time.
- 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.