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Eduncle posted an MCQ
March 03, 2020 • 15:06 pm 0 points
  • UGC NET
  • Management

According to which of the following concept, it is presumed that business will continue its operations for long time?

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    Eduncle Best Answer

    Going Concern Concept as per this concept business assumes to be establishes for an indefinite period in future and it will not going to be liquidated in near future. Hence business has unlimited life and its activities continue to happen in future.

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