Examlex
Cerebral palsy was once thought to be the result of something that happened during the birth procedure, but we now know it can result from each of the following EXCEPT _____.
Material Error
A significant mistake in financial reporting that could influence the economic decisions of users of the financial statements.
Prospective Adjustment
An accounting adjustment applied to transactions or valuation changes that occur in the current or future accounting periods.
Adjusting Events
Events after the balance sheet date that provide further evidence of conditions that existed at the end of the reporting period, requiring adjustments to financial statements.
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