As per the ________, the entity will remain in operation for the foreseeable future. A.monetary unit assumption B.cost principle C.economic entity concept D.going concern assumption

Going concern assumption represents that the company would continue to operate business. It would be…

Answered: As per the ________, the entity will…

Business

Accounting

As per the ________, the entity will remain in operation for the foreseeable future.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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As per the ________, the entity will remain in operation for the foreseeable future.

monetary unit assumption

cost principle

economic entity concept

going concern assumption

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