During the lifetime of an entity, accountants produce financial statements at arbitrary points in time in accordance with the
A. full disclosure principle.
B. periodicity assumption.
C. going concern assumption.
D. economic entity assumption.
Answer:B
During the lifetime of an entity, accountants produce financial statements at arbitrary points in time in accordance with the
A. full disclosure principle. B. periodicity assumption. C. going concern assumption. D. economic entity assumption.