Waec Model Questions Vol1 2025 Financial Accounting Question 45

Practice objective / multiple choice question 45 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 45 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

Which accounting concept states that a business should continue its operations in the foreseeable future and not liquidate?

Answer Options

A. Business Continuity
B. Financial Stability
C. Operational Viability
Correct Answer D. Going Concern
Correct Answer
D
Correct Option:
Going Concern

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 45. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Easy .

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