← Back to Auditing

Auditing

Lecture 9

Inventory, litigation and claims, external confirmations, opening balances, subsequent events, and sampling methods.

Question 26 of 41

Is announcing a plan to discontinue an operation after the reporting period an adjusting or non-adjusting event?

Pick one: press 1-2 on your keyboard or click an option.
A

Non-adjusting event requiring disclosure

B

Adjusting event