An Example of a Compulsion Is

question 51

Multiple Choice

An example of a compulsion is

• A)the impulse to hurt a family member.
• B)anxiety about contracting HIV infection from a sneeze.
• C)uncontrollable worry about an accident.
• D)constant and repetitive checking that the alarm is set.

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Definitions:

Enhancing Qualitative Characteristics

Attributes that increase the usefulness of financial information, including comparability, verifiability, timeliness, and understandability.

Timeliness

Refers to the provision of financial information to users promptly, ensuring relevance for decision-making purposes.

Consistency

In accounting, the principle that mandates the use of the same accounting methods and practices over time for financial reporting.