- 1 Marks
AAA – Nov 2011 – L3 – SA – Q10 – Review of Subsequent Events and Going Concern Assumptions
Identifies a factor that may not indicate a going concern issue.
Question
Which ONE of the following may not necessarily be a symptom of a going concern problem?
- A. Redemption of debentures
- B. Dividends in arrears
- C. Existence of long overdue debtors
- D. Heavy dependence on short-term funds for long-term needs
- E. Excessive reliance on a supplier or customer
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