Why is the concept of an ongoing concern important to the interpretation of financial statements?

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Financial Decision Making For Engineers

ISBN: 9780300192186

1st Edition

Authors: Colin K. Drummond

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Question Posted: Apr 20, 2024 05:00 AM

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Why is the concept of an ongoing concern important to the interpretation of financial statements?

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The concept of an ongoing concern also known as the going concern assumption is important in the interpretation of financial statements because it ass...View the full answer

Financial Decision Making For Engineers

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