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Answer the following as true or false, then select the correct corresponding multiple choice answer. The economic entity assumption states that the economic life of

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Answer the following as true or false, then select the correct corresponding multiple choice answer. The economic entity assumption states that the economic life of a business can be divided into artificial time periods. The monetary unit assumption states that a company will not go out of business in the near future. A. True, True B. False, False C. False, True D. True, False

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