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Which Statements About the Going Concern Assumption Are Correct

Question 50

Multiple Choice

Which statements about the going concern assumption are correct?


A) The company will not be able to continue operating in the next accounting period.
B) The auditor is responsible for the company to be able to continue operating in the foreseeable future.
C) The company will be able to continue operating in the foreseeable future.
D) none of the above

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