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Which of the following conditions or set of circumstances would not ordinarily raise questions about...

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Question

Accounting

Which of the following conditions or set of circumstances would not ordinarily raise questions about the entity's ability to continue as a going concern:

Multiple Choice

  • Legal proceedings that may have a significant negative impact on the entity

  • Violation of debt covenants

  • Failure to meet forecasted earnings per share

  • Negative cash flow from operations for each of the last three years

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