Which of the Following Events Would Be an Example of an Event

question 22

Multiple Choice

Which of the following events would be an example of an event that casts doubts on the going concern status of the business?

• A) several major customers find an alternative supplier
• B) resignation of an employee
• C) forward payment to a major supplier
• D) directors decide on no final dividend

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Definitions:

Consumer Surplus

The distinction between the theoretical spending capacity of consumers on a good or service and their actual spending.

Trade

The exchange of goods, services, or both between two or more parties, either domestically or internationally.

Person-job Fit

Refers to the compatibility between an individual's skills, experiences, and attributes with the demands of a job.

Person-organization Fit

The degree to which an individual's values, personality, and work style align with the culture and requirements of an organization.