The Rationale for Disclosing Material Subsequent Events Include All of the Following

question 22

Multiple Choice

The rationale for disclosing material subsequent events include all of the following except

• A)these events may affect the users predictions about future cash flows
• B)without the disclosures the financial information may be misleading
• C)such disclosures will help convict management of hiding significant economic transactions
• D)reporting such events is consistent with the concept of full disclosure

---

Definitions:

Hospice Care

Specialized care designed to provide support and comfort to patients in the final phase of a terminal illness.

Repositioning

The act of moving or adjusting the position of a patient or an object to improve comfort, function, or well-being.

Respirations

The process of breathing; specifically, the inhaling and exhaling of air, which is crucial for life.

Congested

Congested describes areas or situations where overcrowding causes blockage or impeded movement, often referring to traffic or nasal passageways.