Which of the Following Nonfinancial Factors Is Most Likely to Be

question 46

Multiple Choice

Which of the following nonfinancial factors is most likely to be a cause of a going-concern problem?

• A)Hiring a new CEO.
• B)Loss of a key patent.
• C)Announcing a new stock issue.
• D)Replacing an old product line.

---

Definitions:

Welfare Policy

Government policies designed to support the welfare of the population through services such as healthcare, education, and financial aid.

Unmarried Teen Parents

Adolescent individuals who become parents outside of marriage, often facing unique social, economic, and emotional challenges.

Payments

Transactions involving the transfer of money or goods from one party to another as compensation for services rendered or products purchased.

Marx

Karl Marx, a 19th-century philosopher, economist, and revolutionary socialist who developed the critical theory of Marxism, analyzing the effects of capitalism on society.