Which of the Following Statements Is False

question 42

Multiple Choice

Which of the following statements is false?

• A)The going concern assumption states that the business will continue in operation for the foreseeable future.
• B)If a company is not a going concern, the classification of its assets and liabilities does not matter.
• C)The going concern assumption underlies the preparation of financial statements.
• D)The going concern assumption does not create a foundation for the accounting process.

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Definitions:

Fimbriae

Short, hair-like structures on the surface of some bacteria that help in attachment to other cells and surfaces.

Mesometrium

The part of the broad ligament of the uterus that encloses the uterus, connecting it to the lateral pelvic walls.

Bulbourethral Gland

A pair of small glands situated on either side of the urethra in males that secrete a fluid that lubricates and neutralizes acidity in the urethra.

Ductus Deferens

A tube that carries sperm from the epididymis to the ejaculatory ducts in preparation for ejaculation.