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ETS Exam Review, Belmont 2019 Certification Exam Questions And Answers |Download.
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economic entity - correct answer The company's accounting records should be kept separate from the personal finances of the owner(s). 
 
going concern - correct answer company's financial statements are prepared with the assumption that the company will remain in business beyond the current accounting period 
 
monetary unit - correct answer all transactions are recorded using the dollar value, or its equiv...
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