Which of the Following Are the Constraints on How Broadly

question 47

Multiple Choice

Which of the following are the constraints on how broadly accounting rules can be applied?

• A)Industry practices constraint and cost-benefit constraint.
• B)Disclosure principle constraint and cost-benefit constraint.
• C)Industry practices constraint and disclosure principle constraint.
• D)Cost-benefit constraint and disclosure principle constraint.

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Definitions:

Laggards

Individuals or entities that are slow to adopt or resist new technologies, innovations, or changes within a market or society.

Late Majority

A segment of a market or population that adopts a new product, innovation, or technology after the average member of the society.

Early Majority

A segment of a market that adopts new products or innovations shortly after the "early adopters," contributing to the tipping point for wide acceptance.

End-User Profile

A detailed description of the final consumer or user of a product or service, including demographics, preferences, needs, and behaviors.