How many columns will the relation PRODUCT have in the relational schema mapped from the ABC Retailer ER diagram?

A subsequent event for an entity with a December 31, 2013, year-end would not include:

A. A change in the estimated useful lives of equipment in January 2014. B. An issuance of bonds in January 2014. C. An acquisition of another company in January 2014. D. A major uncertainty at December 31, resolved in January 2014.

Which of the following refers to the financial statement detailing a firm's assets, liabilities, and owners' equity?

A) Income statement B) Statement of cash flows C) Balance sheet D) Expense report E) Annual budget