That in the foreseeable future, a company will continue to operate as it is doing so now, is a significance principle in accounting. When the worth of a running business is compared with the worth of one being liquidated, the difference is apparent.
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That in the foreseeable future, a company will continue to operate as it is doing so now, is a significance principle in accounting. When the worth of a running business is compared with the worth of one being liquidated, the difference is apparent.
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