A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service.
All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer?
Question Description
All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2023 is part of CA Foundation preparation. The Question and answers have been prepared
according to
the CA Foundation exam syllabus. Information about All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2023 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer?.
Solutions for All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice All the following items are classified as fundamental accounting assumption excepta)Consistency.b)Business entity.c)Going concern.d)AccrualCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Track your progress, build streaks, highlight & save important lessons and more!
(Scan QR code)
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service.
Share your doubts
Join with a free account
Get Instant Access to 1000+ FREE Docs, Videos & Tests