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Which of the four GAAP assumptions does the following situation speaks to ? Forray linc does not record CEO's Ferrani ( lusury sports car )
Which of the four GAAP assumptions does the following situation speaks to Forray linc does not record CEO's Ferrani lusury sports car on its balance sheet
a Going Concern Assumption
b Monetary linit Assumption
c Periodicity Assumption
d Economic Entity Assumption
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