Which One of the Following Is Not a Key Condition

question 94

Multiple Choice

Which one of the following is not a key condition indicating doubt regarding an entity's ability to continue as a going-concern?

• A)Adverse key financial ratios.
• B)Employee strike that halts operations for several months.
• C)Company has not paid dividends to date.
• D)Default on bank debt.

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Definitions:

Alternative Hypothesis

In statistical hypothesis testing, a statement that contradicts the null hypothesis and indicates a new theory or finding is expected.

Heart Attack Incidence

The frequency or rate at which new cases of heart attacks occur in a specified population over a certain period of time.

Week Days

The days of the week excluding the weekend, typically Monday through Friday.

Chi-square Statistic

A statistical measure used in tests of independence to evaluate how likely it is that an observed distribution is due to chance.