Larry owns a successful business called Super Car-Hire. He plans to sell it to Bob....
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Accounting
Larry owns a successful business called Super CarHire. He plans to sell it to Bob. Bob assumes that he can keep up the high revenues if he can plan and execute the mission of the business well. Which basic accounting concepts is reflected in Bob's assumption? Multiple Choice the business entity idea the going concern expectation the accounting equation the revenue and expense premise 
Larry owns a successful business called Super CarHire. He plans to sell it to Bob. Bob assumes that he can keep up the high revenues if he can plan and
execute the mission of the business well. Which basic accounting concepts is reflected in Bob's assumption?
Multiple Choice
the business entity idea
the going concern expectation
the accounting equation
the revenue and expense premise
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