Which of the Following Losses Would Only Require Footnote Disclosure

question 10

Multiple Choice

Which of the following losses would only require footnote disclosure only?

• A)a probable loss with an amount that can be reasonably estimated
• B)a probable loss of a known amount
• C)a gain considered not probable
• D)a probable loss with an amount that cannot be reasonably estimated

Evaluate the impact of cost allocation decisions on departmental budgets.

Identify the allocation sequence in the step-down method.

Analyze the effects of cost allocations on operating department expenses.

Determine the allocation of specific service department costs to operating departments.

---

Definitions:

Operant Conditioning

An approach to modifying behavior strength through the implementation of positive or negative feedback.

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Reinforcement

In behavior psychology, a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Operant Conditioning

The method of transforming behavior intensity by administering either reinforcements or punishments.