Question: 1. Subsequent events Multiple Choice a - are those significant events that occur after the financial statements are issued. b - are those significant events

1. Subsequent events

Multiple Choice

a - are those significant events that occur after the financial statements are issued.

b - are those significant events that occur in the last quarter of the reporting period.

c - are subject to optional disclosure based on a recommendation from top management.

d - are required to be disclosed if they are material and likely to influence investors appraisal of the risk and return prospects of the reporting entity.

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