The Way Accountants Handle Amortization Could Have an Impact On

question 147

Multiple Choice

The way accountants handle amortization could have an impact on:

• A)the value of intangible assets listed on the balance sheet.
• B)the way current ratios are computed.
• C)revenue reported on the income statement.
• D)the net income reported on the income statement.

---

Definitions:

Anal-expulsive

Referencing a personality trait associated with disorderliness and impulsivity, drawn from Freudian psychology, relating to early developmental stages.

Anal-retentive

Relates to a personality trait described by Freud as overly orderly, stingy, and obstinate, thought to originate from strict toilet training in early childhood.

Oedipal

Relating to the Oedipus complex, a theory in psychoanalytic psychology that describes a child's feelings of desire for the opposite-sex parent and jealousy toward the same-sex parent.

Electra

A psychoanalytic theory originally suggested by Carl Jung, referring to a girl's psychosexual competition with her mother for possession of her father.