The periodicity assumption states that the economic life of a business can be divided into
A) equal time periods.
B) cyclical time periods.
C) artificial time periods.
D) perpetual time periods.
Correct Answer:
Verified
Q162: For accounting information to have relevance, it
Q163: Which accounting assumption requires that only those
Q164: Which of the following statements is not
Q165: A company can change to a new
Q168: Characteristics associated with faithfully representative accounting information
Q170: Characteristics associated with relevant accounting information are
A)
Q170: It is assumed that the activities of
Q171: Which of the following is not a
Q171: A company using the same accounting principles
Q178: Which accounting assumption assumes that an enterprise
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents