Question: The going concern assumption is made when it is believed that: Select one: a. A company will remain in business forever. b. A company will

 The going concern assumption is made when it is believed that:

The going concern assumption is made when it is believed that: Select one: a. A company will remain in business forever. b. A company will become insolvent within the next accounting period. c. A company will remain in business for one year. d. A company will remain in business for the foreseeable future

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