The ________ justifies the use of depreciation on buildings

A) economic entity concept
B) monetary unit assumption
C) going concern concept
D) historical cost assumption

Answer: C

Business

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An insufficient number of territories means lower income for salespeople

Indicate whether the statement is true or false

Business

Reserved powers are given to the ________ by the Constitution

A) federal government B) judiciary C) state governments D) U.S. Congress

Business