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What is the concept of going concem? Select one answer: Including all expenses for the year, irrespective of the date on which they were paid

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What is the concept of going concem? Select one answer: Including all expenses for the year, irrespective of the date on which they were paid Understating the assets and revenues and overstating the liabilities and expenses A company that has the resources needed to continue operating indefinitely until it provides evidence to the contrary Using caution when making estimates in conditions of uncertainty

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