1.The concept of adequate disclosure: A. Does not apply to information which is immaterial. B. Grants users of the financial statements access to a company's accounting records. C. Does not apply to events occurring after the balance sheet date. D. Specifies which accounting methods must be used in a company's financial statements. 2. A statement of retained earnings shows: A. The changes in the Cash account occurring during the accounting period. B. The revenue, expense, and dividends of the period. C. The types of assets which have been purchased with the earnings retained during the accounting period. D. The changes in the Retained Earnings account occurring during the accounting period