ACC101_-_SP_2024_-_FE_1605.webp
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ACC101_-_SP_2024_-_FE_1605.webp

(Choose 1 answer)
The rule that requires financial statements to reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the:
A. Going-concern principle.
B. Business entity principle.
C. Objectivity principle.
D. Cost Principle.
E. Monetary unit principle.


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