When There Is a Significant Question About a Company's Ability

question 38

True/False

When there is a significant question about a company's ability to remain a going concern, the report issued is usually unmodified with an emphasis-of-matter paragraph.

---

Definitions:

Patent

A government-granted exclusive right to an inventor, allowing them to prevent others from making, using, or selling their invention for a certain period.

Takeover Bid

In corporate law, the offer to buy the voting stock of a corporation.

Friendly Suitor

An entity or person who proposes a takeover or merger that is welcomed by the target company's board.