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What is the going concern assumption? Multiple Choice A) Assumes a company will go out of business if it can't pay its bills B) Assumes
What is the going concern assumption?
Multiple Choice
A) Assumes a company will go out of business if it can't pay its bills
B) Assumes that a company will continue to operate indefinitely
C) Assumes that a company will follow proper accounting rules
D) Assumes that a company should continue to use the same accounting principles
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