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The going concern assumption: A) is applicable to all financial statements. B) primarily involves periodic income measurement. C) allows for the statements to be prepared
The going concern assumption:
A) is applicable to all financial statements. | ||
B) primarily involves periodic income measurement. | ||
C) allows for the statements to be prepared under generally accepted accounting principles. | ||
D) requires that accounting procedures be the same from period to period. | ||
E) none of the answers are correct. |
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