According to this model (Altman), companies are classified into three categories in terms of failure or Success in continuity of work and these categories are: Successful companies O Failed Companies Companies have high probability of bankruptcy O All of above

According to this model (Altman), companies are classified into three categories in terms of failure or Success in continuity of work and these categories are: Successful companies O Failed Companies Companies have high probability of bankruptcy O All of above

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter14: Completing A Quality Audit

Section: Chapter Questions

Problem 24CYBK

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According to this model (Altman), companies are classified into three categories
in terms of failure or Success in continuity of work and these categories are:
Successful companies
Failed Companies
Companies have high probability of bankruptcy
All of above

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