Identify the accounting assumption or principle that is described below. Belief that a company will remain in operation for the foreseeable future Indicates that personal and business record-keeping should be separately maintained Only those items that can be expressed in money are included in the accounting records. Separates financial information into time periods for reporting purposes. v Measurement basis used when a reliable estimate of fair value is not available. | Dictates that companies should report all circumstances and events that make a difference to financial statement users LIN Monetary Unit Assumption Historical Cost Principle Going Concern Assumption Economic Entity Assumption Periodicity Assumption Full Disclosure Principle