Business enterprise is separate from its owner according to _____ concept.
A)Money measurement concept
B)Matching concept
C)Entity concept
D)Dual aspect concept

Name: Business enterprise is separate from its owner according to _____ concept. A)Money measurement concept B)Matching concept C)Entity concept D)Dual aspect concept
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Question

Quizplus · Accepted Answer

The entity concept states that a business enterprise is separate and distinct from its owner, treating the business as an independent entity for accounting purposes.

Business Enterprise Is Separate from Its Owner According to _____