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Exam (elaborations)
FIU Accounting Entrance Exam Questions with Correct Solutions Latest Version 2024-2025
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---10December 20242024/2025A+
- FIU Accounting Entrance Exam Questions with Correct Solutions Latest Version 
 
Assets - Liabilities - Equity = _____ - Answers 0 
Original Value of an asset - Answers Cost basis 
Business will continue to operate in the near future - Answers Going Concern Principle 
we report in the stable monetary currency of the country - Answers Monetary Unit Assumption 
owner's actions are different than the business and kept separate - Answers Economic Entity Assumption 
you can divide the company into...
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$8.49 More Info
TutorJosh
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Exam (elaborations)
FIU Accounting Entrance UPDATED Exam Questions and CORRECT Answers
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---16June 20242023/2024A+
- Assets - Liabilities - Equity = _____ - 0 
Original Value of an asset - Cost basis 
Business will continue to operate in the near future - Going Concern Principle 
we report in the stable monetary currency of the country - Monetary Unit Assumption 
owner's actions are different than the business and kept separate - Economic Entity 
Assumption 
you can divide the company into periods or quarters - Accounting Period Assumption
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$9.49 More Info
Briwisescore
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Exam (elaborations)
FIU Accounting Entrance UPDATED Exam Questions and CORRECT Answers
-
---16June 20242023/2024A+
- Assets - Liabilities - Equity = _____ - 0 
Original Value of an asset - Cost basis 
Business will continue to operate in the near future - Going Concern Principle 
we report in the stable monetary currency of the country - Monetary Unit Assumption 
owner's actions are different than the business and kept separate - Economic Entity 
Assumption
-
$9.49 More Info
MGRADES