If an Adjusting Event That Occurs After Reporting Date Is

Multiple Choice

If an adjusting event that occurs after reporting date is considered to be immaterial IAS 10 requires that the entity:

A) must disclose the nature of the event and a statement that an estimate of the financial effects cannot be made.
B) must recognise the event at balance date.
C) need not recognise nor disclose the event.
D) must recognise the event at balance date and need not recognise nor disclose the event.