Question: 5 a . Read the following EVENT DESCRIPTION ( for a client with a 1 2 3 1 ? 2 0 2 4 year -

5a. Read the following EVENT DESCRIPTION (for a client with a 1231?2024 year-end, and audit report date of 2/21/2025):
EVENT DESCRIPTION: Loss of XYZ'S. primary manufacturing plant because of a flood occurring on February 15.2025
DOES THIS EVENT REQUIRE ADJUSTMENT OF THE 2024 FINANCIAL STATEMENTS?
NO
YES
5 a . Read the following EVENT DESCRIPTION ( for

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