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Rationale why plant assets are not reported at liquidation value. (Do not use historical cost principle.) :__________ (select an option) a. Expense recognition principle b. Full…

Rationale why plant assets are not reported at liquidation value. (Do not use historical cost principle.) :__________ (select an option) a. Expense recognition principle b. Full…
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Rationale why plant assets are not reported at liquidation value. (Do not use historical cost principle.) :__________ (select an option)

a. Expense recognition principle
b. Full disclosure principle
c. Economic entity assumption
d. Going concern assumption

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User Shifloni
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1 Answer

5 votes

Answer:

D. going concern assumption

Step-by-step explanation:

answered
User Termlim
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