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Business Studies

Organisational Objectives

The proprieto...

Question

The proprietor of a business is treated as a creditor for capital introduced by him according to __________.

A

Money Measurement Concept

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B

Cost Concept

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C

Business Entity Concept

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D

Dual Aspect Concept

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Solution

The correct option is B Business Entity Concept
According to Business entity concept, a business is treated as a separate entity and is distinct from its owner(s).

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