The Following Are Material Events That Occurred for Yorba Linda

question 3

Multiple Choice

The following are material events that occurred for Yorba Linda Plc between the reporting date and the date when the financial report is authorised for issue. $$\begin{array} { | l | l | } \hline \text { II } & \text { Bankruptcy of a customer that occurs after the reporting date } \\\hline \text { III } & \begin{array} { l } \text { Determination after the reporting date of the costs assets purchased before the } \\\text { reporting date }\end{array} \\\hline \text { IV } & \begin{array} { l } \text { Decline in market value of investments after the reporting date of investments } \\\text { purchased before the reporting date }\end{array} \\\hline \mathrm { V } & \text { Dividends declared after the reporting date } \\\hline \mathrm { VI } & \text { A lawsuit filed by a customer after the reporting date } \\\hline\end{array}$$ Which of the following options identify all the adjusting events for Yorba Linda Plc,in accordance with IAS 10 Events After the Reporting Period?

• A)I, II and III
• B)II, III and IV
• C)I, II and VI
• D)III, IV and V

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Definitions:

Expansion

The process of increasing in size, volume, quantity, or scope.

Bipolar Neurons

A type of neuron with two extensions (one axon and one dendrite), common in sensory systems like the retina of the eye.

Motor Neurons

Nerve cells forming part of the pathway along which impulses pass from the brain or spinal cord to a muscle or gland.

Sensory Neurons

Neurons responsible for converting external stimuli from the organism's environment into internal electrical impulses.