1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maurinko [17]
3 years ago
11

The going concern assumption of GAAP implies that the firm: __________

Business
1 answer:
yaroslaw [1]3 years ago
3 0

Answer:

correct option is (a)

Explanation:

  • Anxiety is a financially stable accounting term for a company to fulfill its obligations and continue its business for the future.
  • So, One of the key assumptions under GAAP is the going concern assumption that will continue to operate and that all assets should be recorded at their cost rather than at their liquidation value
You might be interested in
Kellie believes that Amy is upset with her. Therefore, when Kellie sees Amy walking down the street, Kellie does not say hello t
LiRa [457]

Answer:

Self-Fulfilling Prophecy

Explanation:

According to the description of the situation in the question we can say that this is an example of a Self-Fulfilling Prophecy. This is because a Self-Fulfilling Prophecy is when a person believes something will happen and subconsciously changes their behavior and causes it to happen. Which is what Kellie has done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. Is
mihalych1998 [28]

Answer:

discount; 1.8%

Explanation:

Calculation for the forward rate using this formula

forward rate=(F/S) - 1

Let plug in the formula

forward rate= ($1.60/$1.63) - 1

forward rate= -1.8 percent.

Therefore The forward DISCOUNT is 1.8 percent.

7 0
3 years ago
Which of the following would not work on a newspaper either in print or online form
Arada [10]
D - A Superintendent
6 0
3 years ago
Distinguish between the substitution and income effects of a price change. If a good’s price increases does each effect have a p
vesna_86 [32]
The economics concepts of income effect and substitution effect express changes in the market and how these changes impact consumption patterns for consumer goods and services. The income effect expresses the impact of increased purchasing power on consumption, while the substitution effect describes how consumption is impacted by changing relative prices. Different goods and services experience these changes in different ways. Some products, called inferior goods, generally decrease in consumption whenever incomes increase. Consumer spending and consumption of normal goods typically increases with higher purchasing power, in contrast with inferior goods.



Read more: What's the difference between the income effect and the substitution effect? | Investopedia http://www.investopedia.com/ask/answers/041415/whats-difference-between-income-effect-and-substitution-effect.asp#ixzz4wcsy3IOK
Follow us: Investopedia on Facebook
7 0
3 years ago
Describe the difference between multitasking and combining tasks.
Alika [10]
Multitasking means doing two task at the same time without disturbing any of the two task.
Combining tasking means doing the task by combining means like...both of them are processing one after one for a little bit of time...
5 0
3 years ago
Read 2 more answers
Other questions:
  • Trust based on a person's competence would be summarized by this team member's affectionate statement towards another team membe
    10·1 answer
  • Jones Co. returned merchandise purchased from Smith Co. The journal entry to record the return of the merchandise by Jones under
    15·1 answer
  • Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh
    5·1 answer
  • In the sports and entertainment marketing industry, whose job is it to attract media attention
    7·2 answers
  • To obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? Mul
    10·1 answer
  • Charlie, the accounting manager of MindChannel Inc., agreed to work with a coach. He chose this in order to become more of a tea
    5·1 answer
  • Which would be the most likely target market for a new brand of high-end athletic shoes?
    15·1 answer
  • 18. The creation of a quota on Canadian softwood lumber sold in the U.S. may affect prices and quantities of Canadian softwood l
    10·1 answer
  • The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales
    13·1 answer
  • Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates th
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!