Three of the four basic assumptions that underlie accounting measurement and reporting relate to the statement of financial position.

Name: Three of the four basic assumptions that underlie accounting measurement and reporting relate to the statement of financial position.
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The three basic assumptions that relate to the statement of financial position are entity, going concern, and monetary unit. The fourth basic assumption, period, relates to the statement of comprehensive income.

Three of the Four Basic Assumptions That Underlie Accounting Measurement