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Which one of the following is the best example of a Type II subsequent event? a. Inability to collect from a significant customer. b. Election
Which one of the following is the best example of a Type II subsequent event?
a. | Inability to collect from a significant customer. | |
b. | Election of new board members. | |
c. | Change in auditors. | |
d. | Acquisition of a subsidiary. |
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