The Going-Concern Assumption States That The

question 178

Multiple Choice

The going-concern assumption states that the:

• A)company will always maximize the profit for stockholders.
• B)company is not expected to go out of business in the near future.
• C)company is a separate concern from the stockholders.
• D)company's results will be reported in a consistent manner from period to period.

---

Definitions:

Twisted-Pair Wire

A type of wiring where two conductors are twisted together to cancel out electromagnetic interference from external sources and improve connection quality.

Database Server

A server that provides client computers with access to information stored in databases.

Dedicated Database

is a database hosted on a server or service exclusively used by a single organization or application.

Multi-Factor Authentication

A security system that requires more than one method of authentication from independent categories of credentials to verify the user's identity.