Which of the Following Is Not a Characteristic of Whistleblowing

question 31

Multiple Choice

Which of the following is not a characteristic of whistleblowing?

• A)The disclosure is made in good faith.
• B)The disclosure is made in the public interest.
• C)The disclosure is made to earn a reward.
• D)The whistleblower holds a reasonable belief that disclosure will allow stakeholders to determine that there has been misconduct.

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Definitions:

Assets

Resources owned or controlled by a person or company, expected to produce economic value or future benefits.

Cash

Liquid assets held by a firm, used to meet short-term obligations or for transactions; the most basic form of company resources.

Cost Model

An accounting method where an asset is valued based on the historical cost minus any accumulated depreciation and impairment costs rather than its current market value.

Initial Recognition

refers to the first time an entity records an asset, liability, equity, income, or expense based on its recognition criteria in the accounting records, establishing its inclusion in the financial statements.