The going concern assumption is concerned with?

a. The company's ability to continue operations long enough to carry out its existing obligations.
b. Measuring ongoing business activities at their exchange price at the time of the initial external transaction.
c. offsetting management's natural optimism by providing a prudent approach to uncertainty in financial statement items.
d. Any information that is capable of influencing the decisions of anyone using the financial statements.

The going concern assumption is concerned with option a: The company's ability to continue operations long enough to carry out its existing obligations.

To understand the going concern assumption, you need to consider that financial statements are prepared with a certain assumption about a company's ability to continue its operations into the foreseeable future. The going concern assumption assumes that the company will continue to operate indefinitely and will not be forced to liquidate its assets or cease operations in the near future. It assumes that the company will be able to meet its financial obligations and continue its normal course of business.

This assumption is important because it provides a basis for accounting for assets, liabilities, and financial transactions. It allows financial statements to be prepared on the assumption that the company will continue to operate, making it possible to assess its financial position, performance, and cash flows accurately.

In summary, the going concern assumption focuses on the company's ability to continue its operations long enough to carry out its existing obligations.