According to the going concern concept, a business entity is assumed to have–
(A) A long life
(B) A small life
(C) A very short life
(D) A definite life
Answer: A long life
According to the going concern concept, a business entity is assumed to have–
(A) A long life
(B) A small life
(C) A very short life
(D) A definite life
Answer: A long life