The assumption that a business enterprise will not be sold or liquidated in the foreseeable future is known as the: Question 12 options: economic entity assumption. materiality. going concern assumption. fair value principle.
The assumption that a business enterprise will not be sold or liquidated in the foreseeable future is known as the: Question 12 options: economic entity assumption. materiality. going concern assumption. fair value principle.
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3MC: The third step for making a capital investment decision is to establish baseline criteria for...
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Question
The assumption that a business enterprise will not be sold or liquidated in the foreseeable future is known as the:
Question 12 options:
|
economic entity assumption. |
|
materiality. |
|
going concern assumption. |
|
fair value principle. |
Which of the following is not a category to measure financial statement elements?
Question 13 options:
|
Cash-flow measures. |
|
Current (market) value measures. |
|
Cost-based measures. |
|
Hybrid measures. |
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