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A religious believer could hold to the dependency thesis and also say that
Business Entity Assumption
A fundamental accounting principle that treats the transactions of a business separately from those of its owners or other businesses.
Accounting Information
Data generated from the accounting processes of a company, including financial statements and records that inform stakeholders about its financial performance.
Business Entities
Legal structures that are allowed to engage in business, such as corporations, partnerships, and sole proprietorships.
Liabilities
Financial obligations or debts owed by a business to creditors, which must be settled over time through the transfer of assets, provision of services, or other economic benefits.
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