If an Entity Can Exist Apart from One or More

question 5

Multiple Choice

If an entity can exist apart from one or more related entities,it is said to be ____-independent.

• A) existence
• B) relationship
• C) business
• D) weak

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Definitions:

Liquidation

The termination of a business and the sale of its assets.

Value Statement

A declaration that communicates an organization's core principles and ethical commitments to its stakeholders.

Honesty

The quality of being truthful, transparent, and free from deceit or fraud.

Strategic

Pertaining to the identification of long-term or overall aims and interests and the means of achieving them, often within a competitive context.