Answer:
Going concern is an important part of the generally accepted accounting principles. Without it, businesses would not be able to perform accrued or prepaid expenses. ... Well, if we assume the business might not operate long enough to realize these future expenses, then we would not prepay or accrue anything.
Explanation:
Send it to the recycle bin and then empty the recycle bin.
Because information only lasts 20-30 seconds in short term memory.
In a student financial aid. this means that the school received your info from Fasfa but did not complete it yet in order to determine the amount the student will receive. In other words, the financial aid is on pending and they are not yet processing it.