Which One of the Following Statements Is Correct

question 6

Multiple Choice

Which one of the following statements is correct?

• A)Some studies have found a positive effect of female CEOs on firm performance, but a negative effect of other female directors.
• B)Empirical evidence suggests that effect of female board representation depends on the industry.
• C)Both of the above statements are correct.
• D)None of the above.

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Definitions:

Match of Expenses

The accounting principle of recognizing expenses in the same period as the revenues they helped to generate.

Revising Depreciation Estimates

Adjusting the period or method used for depreciating a fixed asset due to changes in its expected useful life or salvage value.

Past Periods

Previous time frames or accounting periods, which have already concluded and for which financial statements are typically finalized.

Accelerated Depreciation Method

A depreciation method that provides for a higher depreciation amount in the first year of the asset’s use, followed by a gradually declining amount of depreciation.