11-74. A liquidation premise of value: a. Ensures that a firms assets are worth more in liquidation...
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11-74. A liquidation premise of value:
a. Ensures that a firm’s assets are worth more in liquidation than as a going concern
b. Assumes that a business will be terminated and sold
c. Can only be employed if a court directs it
d. Is not a method acceptable under GAAP
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Related Book For
Forensic Accounting
ISBN: 9781292059372
1st Global Edition
Authors: Robert J. Rufus, Bill Hahn, Laura Savory Miller, William Hahn
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