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The economic activities of US-based Company XYZ is divided into 12-month periods for the purpose of issuing annual reports. Which basic assumption of accounting does this practice represent?
A. Economic entity
B. Periodicity
C. Monetary unit
D. Going concern
Answer: B
NEW QUESTION: 2
Who is responsible for decide project management process for a particular project?
A. Stakeholders
B. Sponsor
C. Project Manager
D. Senior management
Answer: C
Explanation:
Project Manager is responsible for decide project management process for a particular project.
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