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Which of the following statements about the going concern assumption is not true? Select one: a. it can justify the use of historical costs when
Which of the following statements about the going concern assumption is not true?
Select one:
a. it can justify the use of historical costs when measuring non-current assets.
b. it is used when an entity goes into liquidation.
c. it supports the systematic allocation of depreciation over an assets useful life.
d. it supports the use of assets such as Prepaid Expenses.
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