Which One of the Following Is Not a Prescribed Event

question 13

Multiple Choice

Which one of the following is not a prescribed event for the filing of Form 8-K?

• A)bankruptcy or receivership.
• B)changes in control of the registrant.
• C)resignation of a middle manager.
• D)changes in the registrant's certified public accountants.
• E)acquisitions or dispositions of assets.

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Definitions:

Asset Account

An account on a company's balance sheet that represents tangible or intangible items of value owned by the company.

Liability Account

An accounting record that represents a company's legal debts or obligations that arise during business operations.

Other Accounts

Other accounts generally refer to miscellaneous financial accounts on a company's balance sheet that don't fit into standard categories like assets, liabilities, or equity.

Debit Entry

An accounting entry that results in either an increase in assets or expenses, or a decrease in liabilities or equity, on a company's balance sheet.