Which of the Following Indicators Is Not an Example of an Event

question 64

Multiple Choice

Which of the following indicators is not an example of an event that casts doubts on the going concern status of the business?

• A) a court decision with material damages against the business
• B) resignation of an employee
• C) recoverability of trade receivables during a recession
• D) denial of a significant credit line

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Definitions:

Building and Garden

The combination of architecture and landscaped gardens in a designed space, emphasizing harmony between built and natural environments.

Folk Art Movement

A style and category of art that reflects cultural identity, traditional practices, and the craft of artisans and amateurs, often emphasizing community and heritage.

Yanagi Soetsu

A Japanese philosopher and art critic, founder of the Mingei movement, which celebrated the beauty of everyday, functional folk crafts.

Functional Objects

Items designed to fulfill a specific practical purpose while also holding aesthetic value.