Which of the Following Is Not One of Methods Used

question 26

Multiple Choice

Which of the following is not one of methods used by GAAP for treating value changes?

• A) Recognize value changes on the balance sheet and income statement when they are realized in a market transaction
• B) Recognize value changes in the income statement when the value changes occur over time, but recognize them on the balance sheet when they are realized in a market transaction
• C) Recognize value changes on the balance sheet when the value changes occur over time, but recognize them in the income statement when they are realized in a market transaction
• D) Recognize value changes on the balance sheet and income statement when they occur over time, even though they are not realized in a market transaction

---

Definitions:

Dendrites

Branch-like extensions of neurons that receive signals from other neurons and conduct them toward the cell body.

Axon

The axon is a long, slender projection of a neuron that conducts electrical impulses away from the neuron's cell body toward other neurons or to muscles or glands.

Cell Body

The spherical part of a neuron that contains the nucleus and connects to the dendrites, which receive messages, and the axon, which sends them.

Axon

A long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.