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  3. which statement best expresses the going concern c

Which statement best expresses the going concern concept? Group of answer choices ...

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Question

Accounting

Which statement best expresses the going concern concept?
Group of answer choices
A company is assumed to continue operations indefinitely, benefitting from assets and paying liabilities.
A company has a concern about its future.
The auditors have issued an opinion that expresses ongoing concerns about the financial stability of a company.
There is a concern about the financial health of an industry overall and the abilities of the companies that are part of that industry to generate profits.

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