TRM Corporation Annual report to the United States Securities and Exchange Commission For the fiscal year ended

Question:

TRM Corporation

Annual report to the United States Securities and Exchange Commission

For the fiscal year ended December 31, 2006

Where you can find more information. We file annual, quarterly and other reports, proxy statements and other information with the Securities and Exchange Commission (“SEC”). We also make available free of charge through our website at www.trm.com, our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after they are filed electronically with the SEC.

Required

a. What is the going-concern assumption?

b. Has TRM Corporation prepared financial statements using the going-concern assumption? Comment.

c. What is the significance of the disclosure that this company may not be able to continue as a going concern?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...