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Question 13 Which of the following statements best describes a company as a going concern? options a. An entity is viewed as continuing in business

Question 13 Which of the following statements best describes a company as a going concern?

options a. An entity is viewed as continuing in business for the foreseeable future (12 months)

b. The entity has an intention or the need to liquidate

c. The entity has a concern about a negative cash flow

d. None of the above

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