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Economic life of an enterprise Is split into periodic interval as...

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Accounting
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Economic life of an enterprise Is split into periodic interval as per ____ concept

Answer & Solution
Correct Answer: Option B
Economic life of an enterprise Is split into periodic interval as per Periodicity concept. It is the concept that each accounting period has an economic activity associated with it, and that the activity can be measured, accounted for, and reported upon.
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Pavan Prathipati
Pavan Prathipati 6 years ago
Economic life means
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