Examlex

Solved

Using a Simplified Version of Canadian GAAP for Small Companies

question 56

True/False

Using a simplified version of Canadian GAAP for small companies in order to reduce the cost of providing financial information is an example of the application of materiality.


Definitions:

Geometric Isomerism

Form of stereoisomerism in which molecules with the same structural formula but different spatial orientations of substituents around a double bond or ring structure are described.

Alkenes

Hydrocarbons that contain at least one carbon-carbon double bond, part of the unsaturated compounds class, which are involved in a variety of chemical reactions.

4-Ethylhept-1-Ene

A hydrocarbon molecule, which is an example of an alkene with a seven-carbon chain and an ethyl group at the fourth carbon.

Alkene

A hydrocarbon containing at least one carbon-carbon double bond, characterized by the prefix 'ene'.

Related Questions