Question: A complete liquidation cannot occur when: A . A formal plan of liquidation is adopted. B . When a company ceases all activities. C .

A complete liquidation cannot occur when:
A. A formal plan of liquidation is adopted.
B. When a company ceases all activities.
C. A company legally dissolves.
D. A company ceases to be a going concern while retaining substantial assets.
A complete liquidation cannot occur when: A . A

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