Which of the Following Statements Accurately Describes the Scope of the Progressive

question 37

Multiple Choice

Which of the following statements accurately describes the scope of the progressive impulse?

• A) Progressivism was primarily an urban movement and almost solely made up of Democrats.
• B) Progressivism was primarily an eastern movement comprised mostly of working-class reformers.
• C) Progressivism was a primarily northern movement that focused on women's issues.
• D) Progressivism was a national movement including both rural and urban reformers of different backgrounds.
• E) Progressivism was a primarily rural movement that, most of all, built upon the successes of populism.

Identify the origin and purpose of accounting standards codification.

Understand the influence of political considerations on accounting standard-setting in the U.S.

Distinguish between the economic performance approach and the commercial and tax law approach to financial reporting.

Recognize the significance of global convergence towards a single set of accounting standards.