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    A Business Firm Ceases to Exist as a Going Concern
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A Business Firm Ceases to Exist as a Going Concern

Question 56

Question 56

Multiple Choice

A business firm ceases to exist as a going concern as a result of which one of the following?


A) divestiture
B) share repurchase
C) liquidation
D) reorganization
E) capital restructuring

Correct Answer:

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