Answer
(f) 4. Periodicity assumption
Work Step by Step
The periodicity assumption is an accounting guideline that allows accountants to create accounting periods. Examples of such periods include yearly, quarterly, weekly, and monthly.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 2 - Conceptual Framework for Financial Reporting - Exercises - Page 73: E2-6f
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