There Are Several Ways the Recognition and Measurement Concepts Can

question 86

Multiple Choice

There are several ways the recognition and measurement concepts can be violated. Which one of the following would not necessarily be considered a violation?

• A) intentional misstatement of estimates
• B) failure to record a revenue or expense
• C) recognition of revenue or expense in the incorrect accounting period
• D) a change in an accounting policy

---

Definitions:

Scanned Photographs

Images converted into digital form using a scanner, enabling electronic storage, manipulation, and sharing.

Line Art

A drawing composed of distinct straight or curved lines placed against a (usually plain) background, without gradations in shade or hue to represent two-dimensional or three-dimensional objects.

Increase Font Size

the process of enlarging the text character size in digital documents or interfaces for better readability.

Font Size Arrow

A graphical control element found in text editing and word processing applications that allows users to increase or decrease the font size.