If a Company Is Expected to Survive,it Is Considered a Going

question 78

True/False

If a company is expected to survive,it is considered a going concern.

---

Definitions:

Household Bleach

A common liquid chemical used in homes to disinfect surfaces, whiten clothes, and remove stains.

Maximizing Current Profit

A business strategy that focuses on generating the highest possible profit in the short term, sometimes at the expense of long-term viability.

Pricing Objective

The financial and marketing goals a company aims to achieve through its pricing strategies.

Profit Goal

A profit goal is a target set by a business for the net income it aims to achieve within a specific period, often driving strategy and decision-making.