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QUESTION SEVEN [A] Briefly explain ten main causes of corporate failure/insolvency. [B] [8 marks] Explain four reasons why business entities may want to make

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QUESTION SEVEN [A] Briefly explain ten main causes of corporate failure/insolvency. [B] [8 marks] Explain four reasons why business entities may want to make prediction of corporate failure. [4 marks] [C] A number of multi-variant models have been developed to predict corporate failure. (i) List two of such models. [2 marks] (ii) Briefly explain two merits and demerits each of Z-score model. [6 marks] [Total: 20 marks]

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