When someone calls a statement a "valid assumption" they mean that it is probably true.
Bees can communicate by color.
To prove by contradiction, you assume that an opposite assumption is true, then disprove the opposite statement.
Synonyms for assumption include, statement, hypothesis, guess, supposition, postulation, conjecture, theory, notion, belief, idea. !
Synonyms for assumption include, statement, hypothesis, guess, supposition, postulation, conjecture, theory, notion, belief, idea. !
According to Going Concern Assumption it is assumed that the said business will continue in the foreseeable future and will not liquidate in future, This assumption ensures the faith of investors, potential investors, and all the stakeholders in the business. Thus the Financial Statement is prepared on the basis of Going Concern Assumption.
This statement is false. A perpendicular bisector is not enough to make the statement true.
Making a general statement/assumption about a specific group. ex. Teenagers are irresponsible. You are making a generalization because you are making ageneral assumption that all teenagers are irresponsible, when it could not be true.
business entity assumption
The assumption the student made in order to draw this conclusion is that the data used to make the conclusion is accurate and reliable.
A hypothesis is a specific, testable prediction about the relationship between variables in a research study, based on existing knowledge or theory. An assumption, on the other hand, is a belief that is taken for granted or accepted as true without proof, which may not always be explicitly stated or tested in research. Hypotheses guide the research process, while assumptions are often underlying beliefs or conditions that influence the research design or interpretation of results.
two underlying assumptions you make when preparing the Income Statement and Balance Sheet