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Problem: Although income is earned continuously, companies measure income for a specific period of time. Accountants refer to this practice as: a. unit of measure assumption. b. time period assumption. c. matching principle d. continuity assumption.

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Although income is earned continuously, companies measure income for a specific period of time. Accountants refer to this practice as:

a. unit of measure assumption.

b. time period assumption.

c. matching principle

d. continuity assumption.

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