In determining the profit of an entity, which of the following measurement principles states that it is

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In determining the profit of an entity, which of the following measurement principles states that it is assumed the enterprise will continue in operational existence for the foreseeable future?

(a) Matching

(b) Consistency

(c) Accruals

(d) Going concern

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Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

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Question Posted: Mar 05, 2024 04:01 AM

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In determining the profit of an entity, which of the following measurement principles states that it is

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Financial Accounting

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