The concept which states that the affairs of a business is to be treated as being separate from the private activities of the owner is
A Realization concept
B Business entity concept
C Cost concept
D Dual aspect concept
Answer is B
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The concept which states that the affairs of a business is to be treated as being separate from the private activities of the owner is
A Realization concept
B Business entity concept
C Cost concept
D Dual aspect concept
Answer is B