Which of the Following Is Not a Potential Indicator of Going

question 105

Multiple Choice

Which of the following is not a potential indicator of going concern problems for a client?

• A)negative trends.
• B)loss of key personnel.
• C)plan to sell nonessential assets.
• D)default on a loan.

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Definitions:

Selective Perception

Selective Perception is the psychological process in which individuals selectively choose to focus attention on certain stimuli while ignoring others, influenced by their expectations, experiences, and attitudes.

Sporadic Short-term

Characterized by occasional, irregular bouts or occurrences over a brief duration.

Significant Short-term

Pertaining to events or effects that are important or noticeable, but last for a relatively brief period.

Subliminal Messages

Signals or messages embedded in other media, designed to pass below the normal limits of perception.