Multiple Choice
The concept of 'going concern' means that we assume that;
A) the business will continue to exist into the indefinite future
B) the ownership of the business will not change in the foreseeable future
C) the nature of the business will not change in the foreseeable future.
D) the business will continue to be profitable for the foreseeable future.
Correct Answer:

Verified
Correct Answer:
Verified
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