The going concern assumption:
A)is applicable to all financial statements.
B)primarily involves periodic income measurement.
C)allows for the statements to be prepared under generally accepted accounting principles.
D)requires that accounting procedures be the same from period to period.
E)none of the answers are correct.

Question

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The Answer of The going concern assumption:
A)is applicable to all financial statements.
B)primarily involves periodic income measurement.
C)allows for the statements to be prepared under generally accepted accounting principles.
D)requires that accounting procedures be the same from period to period.
E)none of the answers are correct.

The Going Concern Assumption