Which of the Following Is Not an Example of a Mitigating

question 41

Multiple Choice

Which of the following is not an example of a mitigating factor that reduces the risk that the going concern assumption may be in doubt?

• A) The ability to raise additional funds via borrowings
• B) A letter of guarantee from a parent company
• C) The ability to sell an unprofitable segment of the business
• D) Significant rapid increase in competition

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