The assumption that an entity will continue to operate indefinitely and will not be sold or liquidated is called:
A) Objectivity principle
B) Going concern concept
C) Cost principle
D) Accounting entity concept
E) None of the above
Correct Answer:
Verified
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Q74: The accounting entity:
A) Is a fundamental concept
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A) States that the
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A) States that personal
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A) Include
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