Which of the following material events after the reporting period and before the financial statements are approved by the directors should be adjusted for in those financial statements? 1
A、valuation of property providing evidence of impairment in value at the reporting period 2 Sale of inventory held at the end of the reporting period for less than cost 3 Discovery of fraud or error affecting the financial statements 4 The insolvency of a customer with a debt owing at the end of the reporting period which is still outstanding
A、All of them
B、1, 2 and 4 only
C、3 and 4 only
D、1, 2 and 3 only
A、valuation of property providing evidence of impairment in value at the reporting period 2 Sale of inventory held at the end of the reporting period for less than cost 3 Discovery of fraud or error affecting the financial statements 4 The insolvency of a customer with a debt owing at the end of the reporting period which is still outstanding
A、All of them
B、1, 2 and 4 only
C、3 and 4 only
D、1, 2 and 3 only
【参考答案及解析】
All of these events are indicative of conditions that existed at the reporting period
All of these events are indicative of conditions that existed at the reporting period