Which of the Following Statements Is True

question 48

Multiple Choice

Which of the following statements is true?

• A)In determining if a valuation allowance is needed, positive evidence is considered more persuasive than negative evidence.
• B)In determining if a valuation allowance is needed, negative evidence is considered more persuasive than positive evidence.
• C)In determining if a valuation allowance is needed, negative and positive evidence must be evaluated equally.
• D)In determining if a valuation allowance is needed, only negative evidence is evaluated.

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Definitions:

Reams

A measurement unit for paper, typically consisting of 500 sheets, but the number can vary depending on the type of ream.

Pages

The individual sheets of paper or digital screens in a book, document, or other publication, numbered for easy reference.

Dimensional-analysis

A method in physics and engineering to check or determine the relationship between different kinds of physical quantities by identifying their dimensions of measurements.

Circuits

Electrical pathways through which electric current flows.