Changes in Accounting Principles Can Be Mandatory or Voluntary

question 30

True/False

Changes in accounting principles can be mandatory or voluntary.

---

Definitions:

Evolutionary Approach

An approach in psychology that examines human thoughts and behaviors through the lens of natural selection and adaptation.

Reliable And Ethical

pertains to actions, systems, or individuals that consistently perform as expected while adhering to moral principles and values.

Conscientiousness

Conscientiousness is a personality trait characterized by organization, dependability, and a strong sense of duty.

Nature And Nurture

A debate concerning the relative importance of an individual's innate qualities versus personal experiences in determining or causing differences in physical and behavioral traits.