Answer:
Going Concern Concept
Explanation:
The Information from a trial balance is usually shown at <em>historic values</em> and not <em>market values</em>. The financial statements also show the amounts in historic not Liquidation / market values.
Thus we say the entity is<u> foreseen to be in operation in future</u> thus it is a going concern. The concept applied therefore is the Going Concern Concept.
Purchase momentum.
Initial impulses to buy lead to higher likelihoods of purchasing more.
Answer:
Option A, selling losers quickly, is the right answer.
Explanation:
According to some researchers and their investigation consistency factors has the potential to influence feelings of regret. Regret may emerge as a function of consistency and discrepancy between an individual's orientation and effort of an evaluative decision. Whenever the decision-maker approves an orientation of serving errors associated with the actions are generally more consistent and thus led to comparatively less feeling of regret.
