Question 2 Not yet answered Whenever subsequent events are used to evaluate the amounts included in the statements, care must be taken to distinguish between conditions that existed at the balance sheet date and those that come into being after the end of the year. The subsequent information should be incorporated directly into the statements if the conditions causing the change in valuation: Marked out of 2.5 P Flag question Select one or more: O a. did not take place until after year-end. b occurred both before and after year-end. D C took place before year-end