Net Income Recognition Always Increases

question 71

Multiple Choice

Net income recognition always increases

• A)assets.
• B)net assets.
• C)liabilities.
• D)net liabilities.

---

Definitions:

Canadian Human Rights Act

Legislation that prohibits discrimination in Canada on grounds such as race, gender, disability, and age, ensuring equal opportunity in areas of public life.

Ontario Human Rights Act

A provincial law in Ontario, Canada, that protects individuals against discrimination and harassment in various sectors.

British Columbia Human Rights Act

Legislation in the province of British Columbia, Canada, that provides protection against discrimination in areas such as employment and housing.

Employment Equity Act

Legislation aimed at eliminating discrimination and promoting equal opportunity for all employees in the workplace.