If nothing is given in the financial statements about the three accounting assumptions then it is to be treated as it

If nothing is given in the financial statements about the three accounting assumptions then it is to be treated as it

Q. If nothing is given in the financial statements about the three accounting assumptions then it is to be treated as it

A.            Is assumed to be followed

B.            Is assumed that it is not followed

C.            Is assumed to be followed to some extent

D.            None of the above

Answer: Is assumed to be followed

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