The Unit of Measure Concept

question 58

Multiple Choice

The unit of measure concept

• A) is only used in the financial statements of manufacturing companies
• B) is not important when applying the cost concept
• C) requires that different units be used for assets and liabilities
• D) requires that economic data be reported in yen in Japan or dollars in the United States

---

Definitions:

Attitudes

A settled way of thinking or feeling about something, typically reflected in a person's behavior.

Sympathetic Arousal

A component of the autonomic nervous system's response preparing the body for fight-or-flight reactions to perceived threats, characterized by increased heart rate, blood pressure, and energy mobilization.

Self-handicapping Strategy

Behavioral or psychological tactics employed by individuals to prevent self-blame by generating excuses or hindrances to performance in anticipation of potential failure.

Internal Causes

Factors originating within the organism or system that affect behavior, thoughts, or actions.