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No longer operating as a business, although it may exist "legally".
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∙ 15y ago
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What is going-concern Assumption?
Going concern is the assumption that the company will be around for the foreseeable future. If an auditor has a going concern issue, he/she may fear that the company will go bankrupt, etc.
What are the advantages of the going concern concept?
A going concern is a business that operates without the threat of liquidation. The advantages of going concern are that the business declares the intention of running for at least 12 months.
What examples best describe the going concern concept?
what exmples best describe the going concern concept
What are the advantages of going concern?
adventage going to a concert
What is the going concern assumption?
In accounting, "going concern" refers to a company's ability to continue functioning as a business entity. It is the responsibility of the directors to assess whether the going concern assumption is appropriate when preparing the financial statements. Financial statements are prepared on the assumption that the entity is a going concern, meaning it will continue in operation for the foreseeable future and will be able to realize assets and discharge liabilities in the normal course of operations.
How is historical cost dependent on the going concern?
ok
What is longer a centimeter or a mimmimeter?
There is no such measure as a mimmimeter, but if you meant millimetre, then a centimetre is longer.
What is meant by 'dabble'?
To paddle or play in as if in water; to work or concern oneself without serious effort.
Is it important to have a spare wheel cover?
You don't have to have a wheel cover, but it is certainly not going to hurt anything and it will probably allow your wheel to last longer. You are going to want to get an exterior vinyl cover, they are meant for the outside and other elements.
What ratios are critical in determining going concern?
liquidity ratio's
What are the ratings and certificates for Lovejoy - 1986 A Going Concern 5-3?
Lovejoy - 1986 A Going Concern 5-3 is rated/received certificates of: UK:PG (video rating) (2004)
Was the significance of the Allies?
It meant that Hitler no longer controlled Europe and Japan no longer controlled the Pacific.
