Which of the Following Is Not Correct About the Conceptual

question 60

Multiple Choice

Which of the following is not correct about the conceptual framework in accounting?

• A)It is the basis for standard-setting for accounting standard setting bodies.
• B)It is based on fundamental accounting truths derived from the laws of nature.
• C)It can be used to solve emerging or complex accounting problems.
• D)It can be used to develop consistent and comparable accounting principles.

---

Definitions:

Angi/o

is a prefix related to blood vessels or lymph vessels.

Arteri/o

A prefix used in medical terms related to arteries, the blood vessels that carry oxygenated blood away from the heart.

Surgical Repair

The process of mending or fixing tissues or structures within the body through surgical means.

Blood Vessel

Tubular structures that carry blood throughout the body, including arteries, veins, and capillaries.