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  3. the going concern assumption is not applied to: a,

The going concern assumption is not applied to: a, Companies that are about to file...

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Accounting

The going concern assumption is not applied to:

a, Companies that are about to file for bankruptcy.

b, Companies that have been in existence for less than a year.

c, Companies that have sustained losses for the previous two years.

d, The partnership from of business

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