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    Financial Accounting Study Set 19
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    Exam 1: A Framework for Financial Accounting
  5. Question
    The Assumption That a Business Will Continue to Operate into the Future
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The Assumption That a Business Will Continue to Operate into the Future

Question 128

Question 128

Multiple Choice

The assumption that a business will continue to operate into the future is the:


A) Monetary unit assumption.
B) Periodicity assumption.
C) Economic entity assumption.
D) Going concern assumption.

Correct Answer:

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