Which of the following is not an indicator about material uncertainty over the entity's ability to continue as a going concern? O a. Cancellation of company's production license due to change on government policies. O b. Substantial operating losses or significant deterioration in the value of assets used to generate cash flows O C. Net liability or net current liability position. O d. Non-declaration of dividend to equity shareholders.
Which of the following is not an indicator about material uncertainty over the entity's ability to continue as a going concern? O a. Cancellation of company's production license due to change on government policies. O b. Substantial operating losses or significant deterioration in the value of assets used to generate cash flows O C. Net liability or net current liability position. O d. Non-declaration of dividend to equity shareholders.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 1RE
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![Which of the following is not an indicator about material uncertainty over the entity's ability to continue as a going concern?
O a. Cancellation of company's production license due to change on government policies.
O b. Substantial operating losses or significant deterioration in the value of assets used to generate cash flows
O . Net liability or net current liability position.
O d. Non-declaration of dividend to equity shareholders.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc50cda09-3e52-491e-b39e-3686a79b50ea%2F82837558-8f23-4c19-babd-9f555f4932da%2Fn7slzqj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is not an indicator about material uncertainty over the entity's ability to continue as a going concern?
O a. Cancellation of company's production license due to change on government policies.
O b. Substantial operating losses or significant deterioration in the value of assets used to generate cash flows
O . Net liability or net current liability position.
O d. Non-declaration of dividend to equity shareholders.
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