Going concern is the qualitative characteristic of accounting information that allows a statement reader to compare a company's performance from one year to the next.

a. true
b. false

Answer: b. false

Business

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What is the source of start-up for a general partnership?

What will be an ideal response?

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An example of a tenancy at sufferance could be a home seller who fails to vacate by the:

A. day before close of escrow B. agreed move-out date C. date the real estate professional says the seller can move out D. date the sales agreement is entered into

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