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Going concern and business conservation
Manage episode 339392977 series 3342280
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Greetings, Bookkeeping Centrum Family, to your favorite weekly financial podcast. Going concern is an accounting term for a company that has the resources needed to continue operating indefinitely until it provides evidence to the contrary. This term refers to a company's ability to make enough money to stay afloat or to avoid bankruptcy. So, as in every new episode, we will explain to you whatever you need to know for understanding how to get to this desirable state in bussiness. Now. Check it out!
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