This is true. Any event having a material effect on operations that occurs after a company's year-end but before the financial statements are issued requires a subsequent event disclosure.
This is the term that is used to refer to what is done on behalf of a particular party. It has to do with the alteration of the manner of operations and the installations of the equipment of a given company.
Hence we can say that This is true. Any event having a material effect on operations that occurs after a company's year-end but before the financial statements are issued requires a subsequent event disclosure.
Read more on material effect on operations here: https://brainly.com/question/14761409
#SPJ1
