Multiple Choice
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:
A) Violation of debt covenants.
B) Failure to meet forecasted earnings per share.
C) Legal proceedings that may have a significant negative impact on the entity.
D) Negative cash flow from operations for each of the last three years.
Correct Answer:
Verified
Correct Answer:
Verified
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