Question

8. Meaning of credibility of going concern is:
(a) Closing of business
(b) Opening of business
(c) Continuing of business
(d) None of these.​

Answer 1

Answer:

C. Continuing of business

Explanation:

hope it works

Answer 2

Answer:

Option (c) Continuing of business is the correct answer.

Explanation:

A state-owned enterprise is in dire financial straits and is struggling to pay off its debt. The government grants the company bail and guarantees all payments to its creditors. The state-owned company continues to worry despite its poor financial condition.

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