What Is A Going Concern Warning? A going concern is a business that auditors expect to stay active for the foreseeable future. A negative going concern opinion means the auditor expects the business to close within the next 12 months. Being a going concern is generally a good thing. What qualifies as a going concern?
What Are The Types Of Assumptions? Unrecognized. Assumptions that are made automatically by an individual without realizing it. Unstated. Assumptions that go uncommunicated. Unquestioned. Naive. Pragmatic. Productive Assumptions. Unproductive Assumptions. Likely Facts. What are the different types of assumptions in research methodology? They make four key assumptions: ontological, epistemological, axiological, and methodological assumptions. What are