A concept of accounting that indicates that the financial records of the business should be kept separate from the personal financial records of the business owner is the ________________________. Group of answer choices business entity concept cost concept proprietorship concept asset concept

A concept of accounting that indicates that the financial records of the business should be kept separate from the personal financial records of the business owner is the ________________________. Group of answer choices business entity concept cost concept proprietorship concept asset concept

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 3EA: Define each of these users of accounting information as an internal user of external user Management...

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A concept of accounting that indicates that the financial records of the business should be kept separate from the personal financial records of the business owner is the ________________________.

Group of answer choices

business entity concept

cost concept

proprietorship concept

asset concept

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