What is periodicity assumption?

timer Asked: Oct 17th, 2018
account_balance_wallet $5

Question 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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School: UCLA



Periodicity Assumption
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Periodicity Assumption
The periodicity assumption affirms that businesses can split up their actions into artificial
instance era. Given that external fiscal report users desire appropriate fiscal information, the
occasion era assumption permit us to get ready fiscal reports on a monthly, quarterly, and
annually basis. The periodicity assumption is significant to monetary accounting since it permits
businesses to demonstrate pr...

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Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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