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Exam IIA-CHAL-QISA topic 1 question 91 discussion

Actual exam question from IIA's IIA-CHAL-QISA
Question #: 91
Topic #: 1
[All IIA-CHAL-QISA Questions]

Which of the following assumptions requires a company’s transactions to be kept separate from its owners’ transactions?

  • A. The economic entity assumption.
  • B. The monetary unit assumption.
  • C. The owner’s equity assumption.
  • D. The fair value assumption.
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Suggested Answer: A 🗳️
by lolojepu at April 5, 2025, 9 p.m.

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