Which of the Following Statements Applies to the Two-Event View

Multiple Choice

Which of the following statements applies to the two-event view of past event recognition?

A) It would recognize a transaction as occurring when an offer of early retirement is made to employees.
B) It would be more reliant upon probabilistic estimates than the one-event view.
C) It is faster than the one-event view.
D) It is consistent with the asset and liability views of SFAC No. 6.