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Worldatwork Exam T7 Topic 2 Question 100 Discussion

Actual exam question for Worldatwork's T7 exam
Question #: 100
Topic #: 2
[All T7 Questions]

The economic activities of US-based Company XYZ is divided into 12-month periods for the purpose of issuing annual reports. Which basic assumption of accounting does this practice represent?

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Suggested Answer: B

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