Waec Model Questions Vol1 2025 Financial Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 9 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

Which of the following accounting concepts states that a business should continue its operations indefinitely unless there is evidence to the contrary?

Answer Options

A. Revenue Recognition
B. Matching Principle
C. Accrual Basis
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 9. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Easy .

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