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Running Head: PERIODIC ASSUMPTION 1 Periodicity Assumption Name Institution Date PERIODICITY ASSUMPTION 2 Periodicity Assumption Periodicity assumption in simple words is defined as an accounting guideline accountants use to distribute some complex business activities into some time periods (My Course, 2017). The business activities can be divided up weekly, biweekly, monthly, quarterly, or annually depending on the decision of the company. Dividing up the business activities of a company into some time periods is purely a decision of the company and there is no any accounting principle or law that demands businesses to release their financial statements or information in the aforementioned time frames. The good thing with periodicity assumption is that it allows the company’s accountant to prepare financial statements like cash flows, stockholder’s equity statement and income statements annually, monthly or even quarterly. The financial statements inform the investors and other company owners the status of the business within a certain period of time (Needles & Powers, 2014). Notably, any investors will always want to know the status of the company they have invested in ...
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BUS 680 Ashford University Week 1 Maslows Hierarchy of Needs Theory Paper

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MM 258 University of Manchester Bandons Group Information System Solution Case Study