Which of the Following Principles Are the LEAST Uniform and Are

question 82

Multiple Choice

Which of the following principles are the LEAST uniform and are NOT mandatory?

• A) Financial reporting principles
• B) Management accounting principles
• C) Tax reporting principles
• D) All of these are equally uniform and mandatory

---

Definitions:

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding.

Understanding Conservation

The cognitive ability to recognize that quantity or amount does not change when its form or appearance is altered.

Cognitive Development

The process by which an individual's ability to think, understand, and interact with the world evolves throughout life.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, a concept crucial in the cognitive development of infants.