Which of the Following Are Among the Several Basic Shapes

question 22

Multiple Choice

Which of the following are among the several basic shapes all children make, as identified by Rhoda Kellogg?

• A)square, circle, triangle, and diamond
• B)rectangle, oval, triangle, and Greek cross
• C)rectangle, square, triangle, and pyramid
• D)oval, circle, square and diamond

Comprehend the components and consequences of agency costs, including monitoring and bonding costs, and residual losses.

Understand the economic assumptions underlying positive accounting theory, including the rational economic person assumption.

Recognize the importance of accounting policy decisions in financial reporting.

Define market efficiency forms and the efficient-market hypothesis, including their relevance to financial reporting.