The Time Period Assumption Is Also Referred to as the

question 1

Multiple Choice

The time period assumption is also referred to as the

• A) calendar assumption.
• B) cyclicity assumption.
• C) periodicity assumption.
• D) fiscal assumption.

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Definitions:

Enforceable

A characteristic of a legal agreement or obligation that allows it to be legally upheld or compelled in a court of law.

Hyperlink

A digital reference or link from one document or webpage to another within the same or a different website.

Estate

All of the money and property owned by a particular person, especially at death.