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Keeping the personal assets of the owner of a business separate from the assets of the firm is an example of A. following the going concern assumption. B. following the separate entity assumption. C. applying the realization principle. D. applying the conservatism convention.

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Keeping the personal assets of the owner of a business separate from the assets of the firm is an example of

A. following the going concern assumption.
B. following the separate entity assumption.
C. applying the realization principle.
D. applying the conservatism convention.

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"FIRST15"

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