The Economic Entity Assumption in Accounting Is Best Reflected by Which

The economic entity assumption in accounting is best reflected by which of the following statements?

A) When a parent and subsidiary company are merged for accounting and reporting purposes, the economic entity assumption is violated.
B) The best way to truly measure the results of enterprise activity is to measure them at the time the enterprise is liquidated.
C) The activity of a business enterprise can be kept separate and distinct from its owners and any other business unit.
D) A business enterprise is in business to enhance the economic well being of its owners.