The time period assumption states that:

Companies must wait until the calendar year is completed to prepare financial statements.

Companies use the fiscal year to report financial information

The economic life of a business can be divided into artificial time periods

Companies record information in the time period in which the events occur

উত্তর সিলেক্ট করলে সঠিক ও ভুল দেখাবে।

ব্যাখ্যা ও সঠিক সমাধান

উত্তর: The economic life of a business can be divided into artificial time periods

বিস্তারিত সমাধান