Economic life of an enterprise Is split into periodic interval as per ____ concept
A. Materiality
B. Periodicity
C. Accrual
D. Conservation
Answer: Option B
Solution(By Examveda Team)
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.This Question Belongs to Commerce >> Accounting
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