Answer
(d) 2. Going concern assumption
Work Step by Step
The going concern assumption assumes that the company or organization will remain in operation or business within the foreseeable future.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 2 - Conceptual Framework for Financial Reporting - Exercises - Page 73: E2-6d
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