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Which of the following statements are correct? i. The continuity concept means that the financial statements of the company should be prepared not at the

Which of the following statements are correct? i. The continuity concept means that the financial statements of the company should be prepared not at the end of life of the entity, but should be prepared coniniously, every year. ii. The money measurement principle requires that all transactions should be accounted for in single, supposedly stable monetary unit. iii. The materiality concept states that financial reports only should include the information significant to their users.

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