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Accounting Principles: Andare interessato

  • Note di Apprendimento
  • Revisione degli argomenti
    Tashika B.
    US
    Tashika B.

    These are some great to know terms when it comes to needing to know how to run your business and also run it with the knowledge that all employees and employers have better understanding od what's going on inside the workplace and globally.

    BabaJide Martins F.
    TR
    BabaJide Martins F.

    Assumes that the life of the business is ongoing, indefinite and continuous. Also known as the continuity principle.

    Morne V.
    ZA
    Morne V.

    Assumes that the life of the business is ongoing, indefinite and continuous. Also known as the continuity principle.

    Sunday O.
    NG
    Sunday O.

    continue in the process

    Thomas Haingura M.
    NA
    Thomas Haingura M.

    Assumes that the life of the business is ongoing, indefinite and continuous. Also known as the continuity principle. The owner does not wish to prepare a balance sheet but rather reports non-current assets as costs in the period they were acquired

    Odongo M.
    UG
    Odongo M.

    Accounting -> Accounting Principles: Going Concern Going Concern Assumes that the life of the business is ongoing, indefinite and continuous. Also known as the continuity principle. Breach: The owner does not wish to prepare a balance sheet but rather reports non-current assets as costs in the period they were acquired.

    Manish K.
    NP
    Manish K.

    it is assumed that life of the business is on going process. It is also known as continuity principle.

    Penelope M.
    US
    Penelope M.

    yeah, it would be a huge concern for me as well. You always look for you business to be a success, I heard a saying " look for the worse, and hope for the best" optimism

    Adil N.
    MA
    Adil N.

    What does going concern mean?

    Gloria N.
    AE
    Gloria N.

    Assumes that the life of the business is ongoing, indefinite and continuous. Also known as the continuity principle.

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