The Accounting Principle That States That We Should Never Anticipate

question 15

Multiple Choice

The accounting principle that states that we should never anticipate gains is which of the following?

• A)Materiality concept
• B)Comparability principle
• C)Relevance principle
• D)Accounting conservatism

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Definitions:

Activation-Synthesis Hypothesis

The hypothesis that dreams may be just a byproduct of the sleeping brain’s activities (activation), which are later assembled into a semicoherent narrative (synthesis).

Dreams

Sequences of thoughts, images, and sensations occurring in a person's mind during sleep, often reflecting unconscious desires or concerns.

Brain Activities

The various functions and processes that occur within the brain, including cognitive, emotional, and physiological responses.

Readiness Potential

A measure of brain activity indicating a volitional action is being prepared before the action is consciously initiated.