A Broad Principle That Requires Identifying the Activities of a Business

question 154

Multiple Choice

A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the:

• A) Operating cycle of a business.
• B) Time period assumption.
• C) Going-concern assumption.
• D) Matching principle.
• E) Accrual basis of accounting.

---

Definitions:

Open Places

Areas that are expansive and unenclosed, often causing anxiety in individuals with agoraphobia.

Panic Disorder

A mental health condition characterized by recurrent unexpected panic attacks and persistent concern of additional attacks.

Hyperventilation

Rapid or deep breathing that can reduce carbon dioxide levels in the blood, sometimes caused by anxiety or panic.

Panic Disorder

A psychiatric disorder characterized by unexpected and repeated episodes of intense fear accompanied by physical symptoms that may include chest pain, heart palpitations, shortness of breath, dizziness, or abdominal distress.