A Deviation from Generally Accepted Accounting Principles Is

question 55

Multiple Choice

A deviation from generally accepted accounting principles is

• A)never allowed.
• B)permissible only if its required in order to conform to the monetary unit assumption.
• C)permissible if the amount involved is immaterial.
• D)permissible if the amount involved is material.

---

Definitions:

Stages Of Change

A component of the Transtheoretical Model that describes the phases individuals go through in modifying behavior.

Transtheoretical Model

A theory of behavior change outlining stages from not considering change to maintaining new behavior, useful in understanding how individuals adopt healthier lifestyles.

Behavior Change

The process of transforming or modifying one's actions, habits, or attitudes towards healthier choices.

Spiral

A curve that winds around a fixed center point at a continuously increasing or decreasing distance from the point.