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Mr. Berns owns two businessesa recycling plant and a restaurant.Since the recycling plant has recently caught fire and is in financial difficulty, Mr. Berns would

Mr. Berns owns two businessesa recycling plant and a restaurant.Since the recycling plant has recently caught fire and is in financial difficulty, Mr. Berns would like to pay some overhead expenses of the plant through the restaurant's bank account and report it as "other" on the restaurant's financial statements.Which of the following statements is TRUE?

Question 8 options:

Timeliness - violated

Separate entity - violated

Full disclosure - followed

Time period - followed

Continuity - followed

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