katrinamorgan8325 katrinamorgan8325
  • 14-01-2020
  • Business
contestada

a business expecting to make money and continue in business indefinitely is applying the accounting concept_____________.

Respuesta :

ewomazinoade ewomazinoade
  • 14-01-2020

Answer:

Going concern

Explanation:

Going concern is an accounting term that means a business is expecting to make money and continue in business indefinitely. It means the business would continue to operate into the foreseeable future without a threat of liquidation.

I hope my answer helps you

Answer Link

Otras preguntas

Can you please help me with 10 and 11?
pls answer this question assap
Velocity-time graph of an object is given below. The object has:
A group of lions are called a pride. A group of cattle can be called a herd. What is the name for a group of lobsters? Please help A. Troop B. Risk C. Consorti
The price of an item at the store can be defined by the variable x. Based on this information, which of the options below represents a markup in price for that
what is the meaning of the lyrics​
A car rental costs $32 as a base fee, plus $28 per day. Use the explicit rule f (n )= 28n + 32 Find the charges paid for the first 4 days
Find the product of place values of 2 in 4,72,523.​
A scale drawing of a room is shown below. In the drawing, the room is 7 inches long and 5 inches wide. What is the actual area of the room? 75ft^2 37 1/2 ft^2 1
what challenges did you encountered while doing the activity?