Topics, 100 Accounting Resources, 100 Lecture List
2. Accounting concept that assumes a business will remain in business, has and long term business objecting, and will not be going out of business soon.
a. Business entity
b. Going-concern assumption
c. Cost concept
d. Objectivity
e. Reliability
Recommendations – Use the process of elimination crossing out answers though to be incorrect. Read all questions. Answer bellow
ANSWER
B
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