Administrative Guidance Refers to

question 16

Multiple Choice

Administrative guidance refers to

• A) the practice of the Japanese government to set long-term goals with regard to technological innovation.
• B) the practice of the Japanese government to regularly issue contradictory regulations leaving private firms unsure of how to react.
• C) the command economy structures of the Japanese government.
• D) informal guidance given to a private firm by a government agency that raises issues of transparency and collusion.
• E) the practice of the Japanese government of issuing flexible "administrative rules" rather than strict formal regulations, thus effectively giving private firms a free hand to do as they wish.

Recognize and correctly classify costs associated with the acquisition and preparation of tangible assets for use (Incidental costs, installation costs, freight costs).

Identify and differentiate between depreciable and non-depreciable assets.

Grasp the concept and accounting treatment of depreciation, including various depreciation methods and their impact on financial statements.

Learn the proper accounting for routine and extraordinary costs incurred in relation to tangible assets.

---

Definitions:

Gender Prejudice

Preconceived opinions or judgments about an individual or group based on gender, often leading to discrimination or inequality.

Discrimination

The unjust or prejudicial treatment of different categories of people or things, particularly on the grounds of race, age, or sex.

Implicit Prejudice

The subconscious negative evaluation or biases against individuals or groups, which can influence behavior and perceptions without conscious awareness.

Explicit Prejudice

A form of prejudice that individuals are consciously aware of and can express openly, involving negative attitudes or beliefs towards a group.