Which of the Following Would Be a Type II Subsequent

question 90

Multiple Choice

Which of the following would be a Type II subsequent event?

• A)Information becomes available that provides evidence about the valuation of an estimate or reserve that had been accrued at year end.
• B)A sale of inventory below carrying value provides evidence that the net realizable value was less than cost at year end.
• C)A stock dividend or split that takes place during the subsequent period should be disclosed.In addition,earnings-per- share figures should be adjusted to show the retroactive effect of the stock dividend or split.
• D)A material change occurs in the value of investment securities after the balance sheet date.

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Definitions:

Traditional Sexual Scripts

Societal expectations and norms that dictate acceptable sexual behavior and roles, often based on historical or cultural traditions.

Aroused

describes a state of being sexually excited or stimulated.

Gender Identity

A person's internal perception of their gender identity, which can differ from the biological sex assigned to them at birth.

Gender Schemas

Cognitive frameworks that dictate the societal norms and roles for males and females, influencing behavior, preferences, and perceptions from a young age.