Rewrite the Statement Using the If

question 238

Multiple Choice

Rewrite the statement using the if...then connective. Rearrange the wording or words as necessary.
-Cats chase mice.

• A) Cats chase mice.
• B) If a cat is chasing it, then it is a mouse.
• C) If it is a cat, then it chases mice.
• D) If cats chase, then they chase mice.

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Definitions:

Conceptual Framework

An underlying structure in accounting that outlines the objectives and fundamentals leading to consistent standards and financial reporting.

Qualitative Characteristic

A fundamental attribute that makes the information provided in financial statements useful to users.

Going Concern

An accounting principle that assumes a company will continue in operational existence for the foreseeable future, without the intention or necessity of liquidation.