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The going concern concept assumes that a. The business can continue in operational existence for the foreseeablefuture. b. The business cannot continue in operational existence

The going concern concept assumes that

a. The business can continue in operational existence for the foreseeablefuture.

b. The business cannot continue in operational existence for the foreseeable future.

c. The business is continuing to be profitable.

d. The business cannot continue if it is not able to earn profits.

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