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One test of Altman's Z-score in Australia found that its success at predicting financial distress was: a. Below Altman's original study b. Excellent, almost perfect

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One test of Altman's Z-score in Australia found that its success at predicting financial distress was: a. Below Altman's original study b. Excellent, almost perfect at predicting 1 year before failure Oc Useless, being no better than guessing d. Above Altman's original study Research indicates that lenders making predictions of corporate failure relied: a. More on accrual information than cash flow information Ob. Almost exclusively on cash flow information . Almost exclusively on accrual information d. More on cash flow information than accrual information Which of the following has ASIC Identified as a practice that indicates risk of corporate insolvency? a judgement debes a. Ob All of the above OC. Disorganized internal accounting procedures Od loss of key management personnel

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