The Occurrence That Most Likely Would Have No Effect on 2015

Multiple Choice

The occurrence that most likely would have no effect on 2015 net income is the

A) sale in 2015 of an office building contributed by a stockholder in 1966.
B) collection in 2015 of a dividend from an investment.
C) correction of an error in the financial statements of a prior period discovered subsequent to their issuance.
D) stock purchased in 2001 deemed worthless in 2015.