Which of the Following Material After Balance Sheet Date Events

question 54

Multiple Choice

Which of the following material after balance sheet date events is not considered a non-adjusting event?

• A) A major business combination after the reporting date.
• B) Destruction of a major production plant by fire after reporting date.
• C) Changes in tax rates or tax laws enacted or announced after the reporting date.
• D) Bonus payments determined after the reporting date.
• E) Dividends declared after the reporting date.

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Definitions:

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The tendency to believe, after learning an outcome, that one would have foreseen it, often referred to as the "I-knew-it-all-along" phenomenon.

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The use of violence and intimidation, especially against civilians, in the pursuit of political aims.

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The body of information and research about human mind and behavior in the field of psychology.