What is periodicity assumption?

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OyhrBprna

Business Finance

Description

What is periodicity assumption? Please explain this accounting concept and provide examples when possible. This discussion needs to be at least 300-400 words.

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Explanation & Answer

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Running head: PERIODICITY ASSUMPTION

PERIODICITY ASSUMPTION

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PERIODICITY ASSUMPTION

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Introduction
Example

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PERIODICITY ASSUMPTION

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Introduction

Periodicity assumption is an accounting concept that subdivides business activities into different
artificial time periods, that is annually, quarterly or monthly depending on the business nature.
Perio...


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