Final answer:
The going-concern assumption refers to the concept that a company will continue to operate for the foreseeable future, which is essential for preparing financial statements and making investment and credit decisions.
Step-by-step explanation:
The correct answer to the question is b) Going-concern. The going-concern assumption is a fundamental principle in accounting that assumes a company will continue to operate for the foreseeable future, and not be forced to halt operations and liquidate assets. This concept implies that the company will continue to operate and meet its obligations, thus it is generally assumed that financial statements are prepared with this outlook. It aids in decision-making processes for investments, credit, and other financial considerations.