Under IAS 10 (Events After the Reporting Period), Adjusting Events

question 8

Multiple Choice

Under IAS 10 (Events after the Reporting Period) , adjusting events that occur after the balance sheet date are:

• A)recognized through adjustment of the financial statements.
• B)disclosed in a footnote only.
• C)treated as a prior period adjustment.
• D)not disclosed, since they occurred after the fact.

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