After Deciding to Record a Business Event, Accountants Use Assumptions

question 117

Essay

After deciding to record a business event, accountants use assumptions and estimates for what purpose?

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Definitions:

Permissive

A parenting style characterized by low demands with high responsiveness.

Authoritarian

A governing or parental style characterized by strict obedience to authority, at the expense of personal freedom.

Reactive Aggression

Aggressive behavior that is displayed in response to a perceived threat or provocation, often impulsive and without premeditation.

Bullying

Aggressive, unwanted behavior among school-aged children that involves a real or perceived power imbalance.