The Going Concern Assumption Assumes That the Business

question 165

Multiple Choice

The going concern assumption assumes that the business

• A)will be liquidated in the near future.
• B)will be purchased by another business.
• C)is in a growth industry.
• D)will remain in operation for the foreseeable future.

---

Definitions:

Palpatory Method

Systolic blood pressure measured by using the sense of touch. This measurement provides a necessary preliminary approximation of the systolic blood pressure to ensure an adequate level of inflation when the actual auscultatory measurement is made.

Brachial Artery

An artery that provides a palpable pulse and audible vascular sounds in the antecubital space (the bend of the elbow).

Stethoscope

A medical instrument used for listening to the internal sounds of an organism's body, typically used for assessing heart, lung, and other organ sounds.

Cone-Shaped

Cone-shaped refers to an object or figure that has a circular base and tapers uniformly to a point, resembling a cone.