According to the IASS conceptual framework, which of the following is an underlying assumption of financial statement preparation and presentation?

According to the IASS conceptual framework, which of the following is an underlying assumption of financial statement preparation and presentation?

According to the IASS conceptual framework, which of the following is an underlying assumption of financial statement preparation and presentation?



a. Going concern.
b. Periodicity.
c. Historical cost.
d. Monetary unit.







Answer: A