The rule that requires financial statements to assume that the business will continue operating instead of being closed or sold is the:
- Objectivity principle.
- Going-concern assumption.
- Measurement (Cost) principle.
- Business entity assumption.
- Monetary unit assumption

Question

05-08-2024
Business

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The rule that requires financial statements to assume that the business will continue operating instead of being closed or sold is the:
- Objectivity principle.
- Going-concern assumption.
- Measurement (Cost) principle.
- Business entity assumption.
- Monetary unit assumption

Sagot :

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