Which of the Following Assumptions Implies That a Business Can

question 110

Multiple Choice

Which of the following assumptions implies that a business can continue to remain in operation into the foreseeable future?

• A)Historical cost principle.
• B)Monetary unit assumption.
• C)Continuity assumption.
• D)Separate-entity assumption.

---

Definitions:

Oral

Related to the mouth; often used in contexts such as oral hygiene, oral medications, or oral communication.

Rectal

Pertaining to, involving, or situated near the rectum, which is the final section of the large intestine.

Axillary

Pertaining to the armpit area, often referenced in medical examinations or temperature measurements.

Oral

Relating to the mouth, or administered through the mouth.