Which of the Following Subsequent Events Is Least Likely to Be

question 80

Multiple Choice

Which of the following subsequent events is least likely to be discovered by reading the latest interim financial statements?

• A) a new bond issue authorization
• B) a major increase in the writeoff of receivables.
• C) a treasury stock purchase made immediately after year-end.
• D) the discontinuance of a product line.
• E) the payment of a cash dividend.

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