Jackie's Crafts is a successful retailer of fabric by the yard and other sewing supplies. If Jackie were to shut down the store, the bolts of fabrics and the bins of lace and trim, inventory valued at $20,000, on average, at any point in time, would have to be sold for about 10% of that value. But, Jackie's accountant does not feel the need to reduce the value of the inventory on the books.
This is a reflection of the:
A. Materiality concept
B. Going-concern concept
C. Consistency concept
D. Historical cost concept

***My answer: B because the accountant is using the Going Concern method to ignore worst case scenarios and value the inventory as if the business were to continue without any problems. Is my answer correct?