Which accounting assumption assumes that an enterprise will continue in operation long enough to carry out its existing objectives and commitments?

Question

a.Monetary unit assumption

b.Economic entity assumption

c.Time period assumption

d.Going concern assumption

Shahbaz Hayder · Answer

Yes Option D is the right answer.

Farzain Javed Anjum · Answer

Going concern assumption is the correct answer

Abdul Majid Khatri · Answer

Going Concern Assumption....................!!!!!

Wasim khan wazir · Answer

Option D. Going concern assumption

Shazia Anees · Answer

option d =============================

Tesfaye tadesse · Answer

4. The purchase of an office building by issuing long-term notes payable should be reported as a

Wasiu Lamidi · Answer

D. Going concern principle of accounting