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The valuation of a promise to receive cash i the future at present value on the financial statemetns of a company is valid because of
The valuation of a promise to receive cash i the future at present value on the financial statemetns of a company is valid because of the accounting concept of:
A Entity
B Materiality
C Going concern
D Neutrality
I think it is C Going Concern because it has to do with cash flow in a future period. Thanks.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
