Answered: The going-concern assumption infers…

The going-concern assumption infers that a company will continue to operate for at least the next year. __________. true or false?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The going-concern assumption infers that a company will continue to operate for at least the

next year. __________. true or false?

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