Which of the Following Concepts Is Often Given as Justification

question 44

Multiple Choice

Which of the following concepts is often given as justification not to value noncurrent operating assets at their current values?

• A) The revenue principle
• B) Verifiability
• C) Relevance
• D) Predictive value

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Definitions:

Communication Competency

The ability to effectively convey, receive, and interpret messages in interpersonal and group settings, using both verbal and nonverbal methods.

Intuit

To understand or know something by instinct, without the need for conscious reasoning.

Motivator-Hygiene Model

A theory proposed by Frederick Herzberg that suggests job satisfaction and dissatisfaction arise from two distinct sets of factors: motivators that lead to satisfaction and hygiene factors that, if not present, lead to dissatisfaction.

Comparison

The act of evaluating two or more items to identify similarities and differences.