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For the situation described below, indicate the principle of accounting that is being violated. Choose from among the following: Separate entity, Consistency, Materiality, Objectivity, Disclosure,
For the situation described below, indicate the principle of accounting that is being violated. Choose from among the following: Separate entity, Consistency, Materiality, Objectivity, Disclosure, Stable dollar, Realisation, and Matching.
Plans to close one of the outlets of a large supermarket chain are not communicated to readers of the financial statements.
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