Which of the following is not an objective of administration? A.To rescue a company in financial difficulty to allow it to continue as a going concern B.To realise property to pay one or more secured or preferential creditors C.To wind up the company and cease its operations D.To achieve a better result for the creditors

In an organization, administration refers to the process of managing the business operations that…

Answered: Which of the following is not an…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Which of the following is not an objective of administration?

	A.	To rescue a company in financial difficulty to allow it to continue as a going concern
	B.	To realise property to pay one or more secured or preferential creditors
	C.	To wind up the company and cease its operations
	D.	To achieve a better result for the creditors

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