Which events are adjusting events after reporting period

Which events are adjusting events after reporting period

Which events are adjusting events after reporting period? (Multiple)

A. Settlement of court lawsuit existing at year-end

B. Discovery of material accounting errors of last year

C. New fire accident after year-end

D. Customer bankruptcy existing at year-end

Answer: ABD

Explanation: Post-period fire is a new event, non-adjusting; lawsuit settlement, error discovery and customer bankruptcy are adjusting events.