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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 10: Plant Assets, natural Resources, and Intangibles
  5. Question
    The Going Concern Assumption Supports the Reporting of Plant Assets
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The Going Concern Assumption Supports the Reporting of Plant Assets

Question 157

Question 157

True/False

The going concern assumption supports the reporting of plant assets at book value rather than market value.

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