The accounting principle that requires financial statements to be prepared on the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the Multiple Choice reporting entity principle going concern principle. revenue recognition principle currency principle historical cost principle

The accounting princlole trat requires financial statements to be prepared on the assumpton that the bushess will continue operating instead of being closed or sold, uniess evidence shows that it will not continue, is the Mutiple choxe reporting entity princtole going concem principle. revenue tecogalion principie currencr ponciple Historical cest principle