Going concern is an accounting and business principle that assumes that an entity will remain in business for the foreseeable future. This assumption is made in the absence of significant information to the contrary that would include an entity’s inability to meet its obligations as they come due without substantial asset sales or debt restructurings.
Procurement processing can be divided and analyzed from several angles. Companies and industries will have different ways of managing the procurement of direct and indirect costs. Goods companies, as compared with services companies, will also have different ways of managing costs.
A bond rating is a letter-based credit scoring scheme used to judge the quality and creditworthiness of a bond. Investment grade bonds assigned “AAA” to “BBB-” ratings from Standard & Poor’s, and Aaa to Baa3 ratings from Moody’s. Junk bonds have lower ratings .The higher a bond’s rating, the lower the interest rate it will…