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

question 50

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;
• E) Loss of a major market.