Discuss Forum

1. The 'going concern' concept assumes that :

  • A. The business can continue in operational existence for the foreseeable future
  • B. The business can continue in operational existence for the foreseeable future
  • C. The business can continue in operational existence for the foreseeable future
  • D. The business can continue in operational existence for the foreseeable future

Answer: Option A

Explanation:

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