Which of These Following Is NOT True Regarding Generally Accepted

question 10

Multiple Choice

Which of these following is NOT true regarding generally accepted accounting principles?

• A) Include specific rules, practices and procedures.
• B) Include broad principles and conventions of general applications including underlying concepts
• C) Standards of accounting, a material departure from which may result in a qualified opinion issued by an auditor.
• D) The GAAP requirement for Private companies is enforceable by the provincial securities commissions.

---

Definitions:

Post-training Behaviour

The actions or conduct exhibited by employees after participating in training programs, reflecting the effectiveness of the training.

Decision-based Evaluation Model

A framework for analyzing and making judgments about programs, systems, or policies based on criteria related to decision-making processes and outcomes.

Evaluation

The systematic assessment of the value, importance, or effectiveness of something, often for the purpose of making improvements.

Descriptive Training Evaluation Models

Frameworks used to systematically assess and describe the effectiveness and outcomes of training programs.