Which of the Following Constructs Have Developed from the Annual

question 117

Multiple Choice

Which of the following constructs have developed from the Annual Accounting Period Concept?
I.Entity Concept.
II.Capital Recovery.
III.Related Party.
IV.Tax Benefit Rule.
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• A)Only statement I is correct.
• B)Statements II and III are correct.
• C)Statements III and IV are correct.
• D)Only statement IV is correct.
• E)Statements II, III, and IV are correct.

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Definitions:

Audience-centered Approach

A strategy in communication that tailors the message specifically to the interests, needs, and preferences of the intended audience.

Corporation's Needs

The requirements or demands of a company necessary for its operation, growth, or survival.

Technology Use

The application and implementation of scientific knowledge for practical purposes, especially in industry and everyday life through devices, systems, and methods.

Internet Users

Individuals who use the internet to access information, communicate, or engage in other activities online.