Which of the Following Accounting Policy Is Being Observed When

question 85

Multiple Choice

Which of the following accounting policy is being observed when we recognize a warranty obligation?

• A)materiality.
• B)consistency.
• C)full disclosure.
• D)timeliness.
• E)matching.

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Definitions:

Myelination

The process of coating the axons of neurons with a fatty substance called myelin, which improves the speed and efficiency of neural signal transmission.

Corpus Callosum

A wide band of nerve fibers connecting the left and right hemispheres of the brain, facilitating communication between them.

Both Hemispheres

Referring to the involvement or activation of both the left and right hemispheres of the brain.

Plaque and Tangles

Abnormal structures in the brain associated with Alzheimer's disease; plaques are deposits of a protein called beta-amyloid, and tangles are twisted fibers of a protein called tau.