Which One of the Following Statements About Symptoms Is Correct

question 6

Multiple Choice

Which one of the following statements about symptoms is correct?

• A)Symptoms are objective data.
• B)Symptoms are subjective data.
• C)Symptoms can be seen, felt, touched, or heard by others.
• D)Symptoms can be observed.

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Definitions:

Accrual

Accrual accounting records revenues and expenses when they are earned or incurred, regardless of when cash transactions occur.

Loss Contingencies

Possible financial losses that companies may face as a result of future events that have uncertain outcomes, necessitating disclosure in financial statements if they are both probable and estimable.

Gain Contingencies

Gain contingencies are potential increases in economic benefits to an organization that arise from events whose outcomes or realizations are uncertain until they occur.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, which does not necessarily align with the calendar year.