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The time period assumption states that: Select one: a. the economic life of a business can be divided into artificial time periods. b. assumption that

The time period assumption states that: Select one: a. the economic life of a business can be divided into artificial time periods. b. assumption that the company is going to stop its operation next period. c. a transaction can only affect one period of time. d. adjustments to the companys accounts can only be made in the time period when the business terminates its operations

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