The principle that the entity is able to continue as a viable entity for the foreseeable future is known as:
A) Going concern.
B) Matching principle.
C) Historical cost.
D) Accrual accounting.
Correct Answer:
Verified
Q61: The dual effect of transactions means:
A) every
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A) Revenue
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A) a month.
B) a
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A)
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A) Assets less liabilities.
B) Liabilities
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