Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Subsequent events
A)Management's views on its operations, liquidity, and capital resources.
B)Independent and professional opinion about the fairness of the financial statements.
C)Occurs after the fiscal year-end, but before the statements are issued.
D)Information about the company's choices from among various alternative accounting methods.
E)Includes disclosures of executive compensation.

Question

Quizplus · Accepted Answer

Subsequent events are events that occur after the fiscal year-end but before the financial statements are issued, which may necessitate adjustments to the financial statements or disclosure in the notes to the financial statements.

Listed Below Are Five Terms Followed by a List of Phrases