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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 18: Reports on Audited Financial Statements
  5. Question
    A Basic Assumption That Underlies Financial Reporting Is That an Entity
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A Basic Assumption That Underlies Financial Reporting Is That an Entity

Question 5

Question 5

True/False

A basic assumption that underlies financial reporting is that an entity will continue as a going concern.

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