Taking an Inventory of Goods on Hand Would Be Representative

question 84

Multiple Choice

Taking an inventory of goods on hand would be representative of what accounting concept or principle?

• A)Going concern
• B)Objectivity
• C)Business entity
• D)Cost

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Definitions:

Sociological Account

An explanation or analysis of social phenomena, derived from sociological theories or perspectives.

Sociological Approaches

Various theories and methods used by sociologists to analyze and understand social phenomena, including structural-functionalism, conflict theory, and symbolic interactionism.

Strengths And Limitations

The positive attributes and weaknesses or restrictions inherent to a person, system, or method.

Education

A process of facilitating learning, acquiring knowledge, skills, values, beliefs, and habits through various methods such as teaching, training, storytelling, discussion, and directed research.