The Accountant of Broken Bay Ltd Decided to Retain the Historical

question 44

Multiple Choice

The accountant of Broken Bay Ltd decided to retain the historical cost of the entity's intangible assets because it was difficult to obtain fair value of these assets.This action is consistent ____________.

• A)substance over form.
• B)balancing of relevance and reliability.
• C)accrual accounting.
• D)cash accounting.
• E)true and fair view.

Grasp the concepts of participant observation and its significance in qualitative research.

Understand the theoretical approaches that guide the selection of research methods.

Learn about the relationship between research ethics and participant rights.

Distinguish between various forms of experiential research methodologies.

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Definitions:

IoT

Stands for Internet of Things, which refers to the network of physical objects (things) that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet.

MiFi

A portable broadband device that allows multiple end users and mobile devices to share a 3G or 4G mobile broadband Internet connection and create an ad-hoc network.

Bluetooth

A wireless technology standard for exchanging data over short distances from fixed and mobile devices, enabling the creation of personal area networks.

Peer-to-peer

A network architecture where all participants have equal privileges and communicate directly with each other, bypassing centralized servers.