what does the going concern concept mean?
A)a business is profitable
B)a business will continue to operate for the foreseeable future
C) the assets of a business exceed its liabilities
D)the assets of a business should be evaluated at disposal value

Question

03-01-2021
Business

Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

what does the going concern concept mean?
A)a business is profitable
B)a business will continue to operate for the foreseeable future
C) the assets of a business exceed its liabilities
D)the assets of a business should be evaluated at disposal value

Sagot :

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.

What are the benefits of a long-term bond over a short-term bond?A. Long-term bonds have fewer risks than short-term bonds.B. Long-term bonds have more risks as

If you were to solve the following system by substitution, what would be the best variable to solve for and from what equation?[tex]\[ \begin{array}{l} 2x + 8y

Which aspect is most important when comparing different desktop configurations for a software development environment?A) The physical size of the monitor.B) The

How long does a flight typically need to be delayed for passengers to be eligible for compensation?A. 1 hourB. 2 hoursC. 4 hoursD. 3 hours.

The table below shows the earnings, in thousands of dollars, for three different commissioned employees.\begin{tabular}{|c|c|c|c|}\hline & \begin{tabular}{c

Determine if the series below converges or diverges by comparing it to a geometric series using the Comparison Test.[tex] \sum_{n=1}^{\infty} \frac{6^n}{3^n-2}

Andy wrote the equation of a line that has a slope of [tex] \frac{3}{4} [/tex] and passes through the point [tex] (3, -2) [/tex] in function notation.Step 1: [t

Casibom Giriş yapmak için öncelikle siteye üye olmanız gerekmektedir. Siteye üyelik işlemleri oldukça basit ve hızlıdır. Casibom giriş, casibom yeni giriş, casi

What is the [tex]$y$[/tex]-intercept of the line given by the equation [tex]$y = 3x - 11$[/tex]?A. [tex]$(0, -11)$[/tex] B. [tex]$(0, -3)$[/tex] C. [tex]$(0,

(b) The point [tex]$A (x, 4)$[/tex] divides the line segment joining [tex]$M (6, 5)$[/tex] and [tex]$N (-3, 2)$[/tex].(i) Find the ratio in which [tex]$A$[/tex]

Samawati Samawati · Answer 1 · 2021-01-04T08:16:24-05:00

Answer:

B)a business will continue to operate for the foreseeable future

Explanation:

The concept of 'going concern' means that a business will continue to operate into the foreseeable future. It implies that a business has a long life and is no danger of shutting down or being liquidated.

The going concern concept may be applied when a business is being sold or acquired. When a business is being sold as a going concern, it means that it is being sold as a unit. After the transaction, the business is expected to continue with its operations as normal.

Sagot :

Other Questions