What Are Excessive Accruals

question 12

Multiple Choice

What are excessive accruals?

• A)Accruals that are based on professional judgment.
• B)Accruals that are based on ethical considerations.
• C)Accruals based on contractual incentives or opportunism.
• D)Accruals required by GAAP.

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Definitions:

Social Phenomenon

An observable fact or event that occurs in a social context, often involving collective human behaviors and interactions.

Socialization

The method through which people absorb and adopt their society's values, beliefs, and norms, thereby becoming active participants in it.

Basic Social Causes

Fundamental underlying factors that affect social behaviors, structures, and changes within a society.

Proximate Social Causes

Immediate, direct causes within social frameworks that lead to particular outcomes or states of affairs, often contrasted with underlying or structural causes.