The Financial Reporting Entity Is Composed of

question 49

Multiple Choice

The financial reporting entity is composed of

• A)The primary government.
• B)The primary government and all legally separate governments for which the primary government is financial accountable.
• C)The primary government and all legally separate organizations for which the primary government is financially accountable.
• D)The primary government, all legally separate organizations for which the primary government is financially accountable and any organizations whose omission would cause the primary governments financial statements to be misleading or incomplete.

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Definitions:

Human Behavior

encompasses the wide range of behaviors exhibited by humans and is influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and genetics.

Extinction

In behavior psychology, the process where a conditioned response decreases in frequency and eventually disappears when the reinforcement is withdrawn.

Punishment

A consequence given in response to an action or behavior that is deemed unacceptable, with the intent to discourage such behavior in the future.

Determined Behavior

Behavior that is purposeful and focused on achieving specific goals.