Under GAAP

question 147

Multiple Choice

Under GAAP

• A) None of these answer choices are correct.
• B) the reporting of extraordinary items is prohibited.
• C) the reporting of changes in accounting principles is different then under IFRS.
• D) the reporting of discontinued items is different then IFRS.

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Definitions:

Family Therapy

A therapeutic approach aimed at addressing psychological issues and improving communication within a family unit.

Biomedical Therapy

A type of treatment that involves medication and/or medical procedures to treat psychological disorders.

Personal Threatening

Situations or stimuli that are perceived as threats to one's personal safety or well-being.

Cognitive-behavioral Therapy

An approach to mental therapy that aims to increase happiness and resolve difficulties by transforming negative thoughts, emotions, and behaviors.