Question
A firm is expected not to curtail its present scale and continue at least at the existing level under which of the following concept
Answer: Option B
:
B
The going concern concept assumes that the entity will continue running for a foreseeable future & is expected not to curtail its present scale and continue tooperate at least at the existing level.
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B
The going concern concept assumes that the entity will continue running for a foreseeable future & is expected not to curtail its present scale and continue tooperate at least at the existing level.
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