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Accounting Concepts and Principles

question 1 of 14 course: Bachelor of Science in Health Services Management and Planning
question 1 of 14 course: Bachelor of Science in Health Services Management and Planning

Q: Which accounting concept assumes the business will continue operating indefinitely?

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Consequence-based ethical theories, like utilitarianism, judge the morality of an action primarily by its outcomes or consequences. The right action is the one that produces the best overall results.

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Did You Know?

Consequence-based ethical theories, like utilitarianism, judge the morality of an action primarily by its outcomes or consequences. The right action is the one that produces the best overall results.

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