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:

Alzheimer Disease

Alzheimer's disease is a progressive neurodegenerative disorder characterized by memory loss, cognitive decline, and changes in behavior and personality.

Anatomical Differences

Variations in physical structure and organization among individuals or between species.

Parkinson Disease

A progressive neurological disorder marked by tremor, muscle rigidity, and slow, imprecise movement, chiefly affecting middle-aged and elderly people.

Positive Symptoms

In the context of certain psychological disorders, symptoms that reflect an excess or distortion in normal functions, such as hallucinations or delusions.