Which of the Following Accounting Principles Require That All Goods

question 38

Multiple Choice

Which of the following accounting principles require that all goods and services purchased be recorded at actual cost?

• A)Going-concern assumption.
• B)Matching principle.
• C)Cost principle.
• D)Business entity assumption.
• E)Consideration assumption.

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Definitions:

WPA2

An improvement over WPA that includes dynamic negotiation between the AP and the client for authentication and encryption algorithms. It is a common choice for securing wireless networks.

Wireless Security

Measures and protocols designed to protect wireless networks and their data from unauthorized access, interception, or theft.

FTP

File Transfer Protocol, a standard network protocol used for the transfer of computer files between a client and server on a computer network.

Port 21

Typically used by the File Transfer Protocol (FTP) for control (command) messages, allowing the transfer of files between a client and a server over a network.