Which of the following events occurring during the subsequent period is most likely to result in adjustment

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Which of the following events occurring during the subsequent period is most likely to result in adjustment to the financial statements?

a. A worker is injured in a plant accident.

b. A large customer declares bankruptcy.

c. A significant subsidiary is sold.

d. The U.S. Justice Department brings antitrust charges.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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