Question: What is the going concern assumption? Multiple Choice A) Assumes a company will go out of business if it can't pay its bills B) Assumes

What is the going concern assumption?

Multiple Choice

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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