mu QUESTION 2 The occurrence which most likely would have no effect on 2014 net income (assuming that all amounts involved are material) is the O A sale in 2014 of an office building contributed by a stockholder in 1983 O B collection in 2014 of a receivable from a customer whose account was witen off in 2013 by a charge to the llowance account O C settlement based on litigation in 2014 of previously unrecognized damages from a serious accident hat ocurred in 2012 OD worthlessness determined in 2014 of stock purchased on a speculative basis in 2010 QUESTION 3 A change in accounting principle requires which of the following presentation options in the Income Statement? O A Adjust beginning retained earnings of the earliest period presented O B Adjust net income of the period in which the change occurred C. Present comprehensive income for the earliest period presented O D Recast prior years income statement on the same basis as the newly adopted principle. Click Save and Submit to save and submit. Chick Save All Ansuers to save al ansvers mu QUESTION 2 The occurrence which most likely would have no effect on 2014 net income (assuming that all amounts involved are material) is the O A sale in 2014 of an office building contributed by a stockholder in 1983 O B collection in 2014 of a receivable from a customer whose account was witen off in 2013 by a charge to the llowance account O C settlement based on litigation in 2014 of previously unrecognized damages from a serious accident hat ocurred in 2012 OD worthlessness determined in 2014 of stock purchased on a speculative basis in 2010 QUESTION 3 A change in accounting principle requires which of the following presentation options in the Income Statement? O A Adjust beginning retained earnings of the earliest period presented O B Adjust net income of the period in which the change occurred C. Present comprehensive income for the earliest period presented O D Recast prior years income statement on the same basis as the newly adopted principle. Click Save and Submit to save and submit. Chick Save All Ansuers to save al ansvers