Key Assertions Relating to Relevant Disclosures for Payables Are _______

question 1

Multiple Choice

Key assertions relating to relevant disclosures for payables are _______.

• A)going concern, completeness, classification and understandability, accuracy and valuation
• B)occurrence and rights and obligations, completeness, classification and understandability, accuracy and valuation
• C)occurrence and rights and obligations, completeness, classification and understandability, note disclosure
• D)credibility, completeness, classification and understandability, accuracy and valuation

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Definitions:

Social Responsibility Norm

A societal rule that people should help those who need assistance, without regard to future exchanges.

Dispositional Attributions

The tendency to attribute someone's behavior to their internal qualities or personality traits rather than to external factors.

Situational Attributions

The process of attributing behavior to external factors in the environment or situation, rather than to internal personality traits.

Prosocial Behavior

Acts that are intended to benefit others, such as helping, sharing, donating, co-operating, and volunteering.