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Provide an explanation of each of the following:
Entity Assumption
Historical Cost Principle
Continuity Assumption
Stable-Monetary-Unit Assumption
Generalize
To make broad statements or conclusions based on a limited set of observations or experiences, extending findings beyond the original context.
College Student Population
A specific demographic focused on individuals enrolled in college or university.
Sample Size
The number of subjects or units included in a study or experiment, which can impact the reliability and validity of the findings.
Cross-cultural Differences
Variations in norms, values, practices, and behaviors across different societies or cultures.
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