The assumption indicates that a company will not be sold or liquidated in the near future. а. economic entity O b. materiality O c. going concern O d. monetary unit

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter2: The Accounting Information System
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The
assumption indicates that a company will not be sold or liquidated in the
near future.
а.
economic entity
b. materiality
C. going concern
O d. monetary unit
Transcribed Image Text:The assumption indicates that a company will not be sold or liquidated in the near future. а. economic entity b. materiality C. going concern O d. monetary unit
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