A false example of financial distress is:
A)problems in meeting debt commitments.
B)company liquidation.
C)introduction of new competitors.
D)appointment of receiver/manager.

Question

Quizplus · Accepted Answer

Introduction of new competitors may pose a challenge to the company, but it does not necessarily indicate financial distress. The other options directly relate to difficulties with debt and management, which are common signs of financial distress.

A False Example of Financial Distress Is