Question: Please help asap What is the going concern assumption? A. Assumes a company will go out of business if it can't pay its bills B.
Please help asap
What is the going concern assumption?
| A. Assumes a company will go out of business if it can't pay its bills | ||
| B. Assumes that a company will continue to operate indefinitely | ||
| C. Assumes that a company will follow proper accounting rules | ||
| D. Assumes that a company should continue to use the same accounting principles |
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