Question

One of the Fundamental accounting assumptions is ___

a) Materiality b) Business entity c) Going concern d) Dual aspect​

Answer 1

$\huge{ \boxed{ \blue{Going \ Concern \  }}}$

[tex]\huge{ \boxed{ \blue{Explanation }}}[/tex]

• Going concern assumption is one of the fundamental assumptions in accounting on the basis of which financial statements are prepared.