简答题\n The going-concern principle assumes that the business will continue indefinitely.\n简答题\n One implication of the time period assumption is that we have to make estimates and judgments at the end of the time period to correctly decide which events need to be reported in the current time period and which ones in the next.\n简答题\n According to the cost principle, assets are generally valued at cost rather than at estimated market values.\n简答题\n Due to the booming real estate market, the accountant for Pearl Real Estate Company adjusts the recorded value of building to its market value each year, which violates _____ A、the accounting period principle. B、the business entity concept. C、the stable-dollar assumption. D、the realizaton principle.\n多选题\n Southern Corporation purchased land in 2008 for 860,000. In its 2018 balance sheet, Eton valued these two parcels of land at a combined value of $1,720,000. Reporting the land in this manner violated the ____ A、principle of the business entity. B、going-concern assumption. C、cost principle. D、realization principle. \n简答题\n A business entity is regarded as separate from the personal activities of its owners.\n简答题\n The business entity principle states that the affairs of the owners are part of the financial operations of a business entity and should not be separated. \n简答题\n According to the going-concern assumption - one reason for valuing assets such as buildings at cost rather than at their current market values is the assumption that the business will use these assets rather than sell them.\n简答题\n The stable-dollar assumption assumes that the value of monetary unit is not always stable.\n简答题\n According to the cost principle ,the practice of showing assets on the balance sheet at their cost, rather than at their current market value is explained.\n