Which of the Following Material After Balance Sheet Date Events

question 11

Multiple Choice

Which of the following material after balance sheet date events is not considered a non-adjusting event

• A) A major acquisition of capital assets after the reporting date.
• B) Destruction of inventory by vandals after the reporting date.
• C) Changes in tax rates or tax laws enacted or announced after the reporting date.
• D) Destruction of inventory on consignment by vandals before the reporting date.
• E) A major business combination after the reporting date

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Definitions:

Underextension

The overly restrictive use of words, common in early language development, where a child uses a word only for a specific object rather than for all objects that belong to a particular category.

Referential Style

A language learning approach in which individuals predominantly use language to refer to people and objects in their environment.

Holophrasing

The use of a single word by a child to express a complex idea or complete thought, typical in early language development.

Prelinguistic Communication

Communication through sounds, facial expressions, gestures, imitation, and other nonlinguistic means.