There Still Remain Problems When Accounting Policies Are Disclosed for Choices

question 58

Multiple Choice

There still remain problems when accounting policies are disclosed for choices made among acceptable alternatives.All of the following are problems except:

• A)The disclosure is specific, but the numerical information is missing.
• B)Some industries do not have to disclose accounting policies.
• C)There is no disclosure of crucial policies, such as revenue recognition.
• D)Disclosure is generally too vague to be of use without additional information.

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Definitions:

Nurture

The influence of environmental factors on one's physical and psychological development, as opposed to genetic factors.

Skinner

B.F. Skinner, an American psychologist known for his work in behaviorism and the development of the theory of operant conditioning.

Language Acquisition

The method through which people develop the ability to notice, create, and apply words for the purposes of understanding and interaction.

Telegraphic Speech

A form of communication typical in young children, consisting of short and simple sentences.