Traditional Culture Encyclopedia - Traditional culture - How to understand the assumption of going concern? Please give an example. Thank you! urgent
How to understand the assumption of going concern? Please give an example. Thank you! urgent
Going concern assumes that the enterprise will not always close down and resume business in the foreseeable future, nor will it go bankrupt. This is an idealized assumption. In other words, the company I work for will never go bankrupt, never go downhill, and will continue to operate normally and get better and better.
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