A company issues its stock to investors, who pay cash to the company in exchange for the stock. Which assumption supports the notion that the cash is now owned by the company, and not by the investors? A Going concern C Economic entity B Monetary unit D Periodicity The different items that are reported in the financial statements are called the: A Underlying assumptions C Elements B Qualitative characteristics D Accounting principles Edit View Insert Format Tools Table 12pt Paragraph A underlying assumptions BIU AT2