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    Exam 2: Financial Statements for Decision Making
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    The Assumption Which Assumes That the Entity Is Able to Pay
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The Assumption Which Assumes That the Entity Is Able to Pay

Question 33

Question 33

Multiple Choice

The assumption which assumes that the entity is able to pay its debts when they fall due for the near future is the:


A) reliability.
B) going concern.
C) accounting entity.
D) accrual basis.

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