Compared with the UCR, the NIBRS

question 21

Multiple Choice

Compared with the UCR, the NIBRS:

• A) provides information on international crime.
• B) is older.
• C) provides more detailed information about a criminal event.
• D) includes conviction data as well as arrest data.
• E) is more reliable.

Recognize the wide range of users of accounting information.

Understand the principles underlying the recording of economic events in financial accounting.

Comprehend the fundamental assumptions guiding financial reporting.

Recognize the importance and purpose of financial statements in communicating business activities.