Examples of Type II Events Are

Multiple Choice

Examples of Type II events are

A) a customer with a material accounts receivable balance goes bankrupt between the balance sheet date and the date of the audit report
B) the purchase of a new business between the balance sheet date and the date of the audit report
C) the loss of a warehouse as a result of a fire with the loss reimbursed by insurance between the balance sheet date and the date of the audit report
D) sale of a bond between the balance sheet date and the date of the audit report
E) settlement of a legal case between the balance sheet date and the date of the audit report
F) both A and B
G) both B and D
H) both C and E