A subsequent event for an entity with a December 31,2016,year-end would not include:
A) A change in the estimated useful lives of equipment in January 2017.
B) An issuance of bonds in January 2017.
C) An acquisition of another company in January 2017.
D) A major uncertainty at December 31,resolved in January 2017.
Correct Answer:
Verified
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A)Risk of
Q51: Which of the following would be disclosed
Q53: When a company accrues federal income taxes
Q54: Liquidity refers to:
A) The amount of cash
Q54: The current ratio is calculated as:
A)Current assets
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A) The liquidity ratio
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A) Current assets.
B)
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