Mirza and Zimmer (1999)found That Only a Small Number of Companies

question 69

Multiple Choice

Mirza and Zimmer (1999) found that only a small number of companies were undertaking upward asset revaluations.The reasons for their reluctance to undertake this practice included:

• A) a desire to remain 'small' in keeping with the political-cost hypothesis.
• B) Any revaluations made are not permitted to be recognised as income by the relevant accounting standard.
• C) In an attempt not to overstate assets management preferred not to revalue items that are subject to a great deal of uncertainty.
• D) all of the given answers.

---

Definitions:

Creative Problem Solving

An approach to finding innovative solutions to problems through imaginative and often unconventional methods.

Fatigued

The state of being extremely tired, exhausted, or lacking energy, often as a result of physical or mental activity.

Filtering Mechanisms

The processes used to sift through information to retain only what is necessary or relevant, often to avoid overload or to focus on specific criteria.

Communication Barriers

Obstacles that impede the clear exchange of ideas and information between individuals or groups.