The assumption that a business enterprise will not be sold or liquidated in the foreseeable future is known as the: Question 12 options: economic entity assumption. materiality. going concern assumption. fair value principle.Which of the following is not a category to measure financial statement elements? Question 13 options: Cash-flow measures. Current (market) value measures. Cost-based measures. Hybrid measures.

“Since you have asked multiple question, we will solve the first question for you. If you want any…

The assumption that a business enterprise will not be sold or liquidated in the foreseeable future is known as the: Question 12 options: economic entity assumption. materiality. going concern assumption. fair value principle.

The assumption that a business enterprise will not be sold or liquidated in the foreseeable future is known as the: Question 12 options: economic entity assumption. materiality. going concern assumption. fair value principle.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 3MC: The third step for making a capital investment decision is to establish baseline criteria for...

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Question

The assumption that a business enterprise will not be sold or liquidated in the foreseeable future is known as the:

Question 12 options:

	economic entity assumption.
	materiality.
	going concern assumption.
	fair value principle.

Which of the following is not a category to measure financial statement elements?

Question 13 options:

	Cash-flow measures.
	Current (market) value measures.
	Cost-based measures.
	Hybrid measures.

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