Which of the Following Is Not an Accurate Description of the Controversies

question 22

Multiple Choice

Which of the following is not an accurate description of the controversies surrounding the fair value option?

• A)Advocates argue that accounting-induced volatility is eliminated and financial statement transparency is improved.
• B)Proponents argue that opportunities are enhanced for companies to manipulate their earnings and balance sheet.
• C)Proponents argue that companies that can use the fair value option in situations where there is not necessarily a relationship between the financial assets and liabilities which promotes the opportunity to manage earnings.
• D)Advocates argue that financial reporting is more accurate and transparent for those companies in financial distress.

---

Definitions:

Drug Courts

Specialized court programs that target criminal defendants and offenders, juvenile offenders, and parents with pending child welfare cases who have alcohol and other drug addiction and dependency problems.

Medicalization

The process by which human conditions and problems come to be defined and treated as medical issues.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.

Medicalization

The process by which human conditions and problems come to be defined and treated as medical issues, often leading to the use of medical interventions.