What Is the Intention of Compulsions

question 75

Multiple Choice

What is the intention of compulsions?

• A)to consume time
• B)to avoid focusing on other things
• C)to reduce anxiety
• D)they have no intention

Understand the significance of ethical guidelines in accounting.

Comprehend the business entity assumption and its importance in accounting.

Recognize the effect of business transactions on the accounting equation.

Identify the principles and assumptions underlying the preparation of financial statements.