Which Basic Element of Financial Statements Arises from Peripheral or Incidental

question 137

Multiple Choice

Which basic element of financial statements arises from peripheral or incidental transactions?

• A) Assets.
• B) Liabilities.
• C) Gains.
• D) Expenses.

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Definitions:

Heteronormativity

Examines the ways in which heterosexuality is produced as a natural, unproblematic, taken-for-granted phenomenon that is maintained and reinforced through the everyday actions of individuals and through dominant social institutions.

Compulsory Heterosexuality

The assumption that men and women are innately attracted to one another both emotionally and sexually and that heterosexuality is natural and normal.

Romantic Relationships

Emotional and physical connections between two people who share mutual love and affection.

Same-sex Relationships

Romantic or sexual relationships between individuals of the same sex.