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According to the action research model, what occurs before diagnosing the need for change?
Accounting Assumption
Fundamental beliefs or principles that guide the preparation of financial statements, such as going concern, accrual basis, and consistency.
Integrity
The quality of being honest and having strong moral principles; moral uprightness.
Going Concern
An accounting principle that assumes a company will continue to operate and fulfill its obligations in the foreseeable future.
Going Concern Assumption
An accounting principle assuming that a company will continue in operation for the foreseeable future.
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