Which One of the Following Is Violated When a Firm

question 60

Multiple Choice

Which one of the following is violated when a firm measures accounts receivable at its face amount even though knowing some customers may not pay the amounts due?

• A)Consistency
• B)Conservatism
• C)Materiality
• D)Revenue recognition criteria

---

Definitions:

Home Health

Medical care or supportive care provided by healthcare professionals in the patient's home to enhance or maintain health status.

Chronic Obstructive Pulmonary Disease (COPD)

A group of lung diseases that block airflow and make it difficult to breathe, including emphysema and chronic bronchitis.

Exacerbation

A worsening or increase in the severity of symptoms or the disease, often seen in chronic conditions such as asthma or COPD.

Smoking

The act of inhaling and exhaling the smoke produced by burning tobacco in cigars, cigarettes, and pipes, often linked to a range of health issues.