Which of the Following Subsequent Events Is Least Likely to Be

question 85

Multiple Choice

Which of the following subsequent events is least likely to be discovered by reading the minutes of meetings?

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

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Definitions:

Key Stakeholders

Primary individuals or groups that have an interest, concern, or stake in a particular issue or company and its activities, which can affect or be affected by its outcome.

Misperceptions

Incorrect views or interpretations of something due to false information or misunderstanding.

Annual Report

A comprehensive report on a company's activities and financial performance throughout the preceding year.

Corporate Social Responsibility

The practice of businesses taking responsibility for their impact on society and the environment, going beyond mere compliance with laws.