lapse vs go on

lapse is a noun but go on is not a noun.

Word	Noun	Adjective	Verb	Adverb
lapse	Yes	No	Yes	No
go on	No	No	Yes	No

As verbs, go on is a hypernym of lapse; that is, go on is a word with a broader meaning than lapse:

Other hypernyms of lapse include advance, march on, move on, pass on, progress.

lapse (noun)	go on (noun)
a mistake resulting from inattention
a failure to maintain a higher state
a break or intermission in the occurrence of something

lapse (verb)	go on (verb)
go back to bad behavior	come to pass
drop to a lower level, as in one's morals or standards	continue talking
end, at least for a long time	start running, functioning, or operating
for time to move forward	move forward, also in the metaphorical sense
pass into a specified state or condition; sink into	continue a certain state, condition, or activity
let slip