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Cadish Cadish
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7 years ago
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 not be incorporated directly into the statements if the conditions causing the change in valuation
A) did not take place until after year-end.
B) did take place before year-end.
C) occurred both before and after year-end.
D) are reimbursable through insurance policies.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
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charleshardtcharleshardt
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7 years ago
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Cadish Author
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7 years ago
Helped a lot
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Brilliant ツ
Tim0301
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Smart ... Thanks!
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