The Elements of Financial Statements,as Outlined in the Conceptual Framework,are

question 12

Multiple Choice

The elements of financial statements,as outlined in the conceptual framework,are:

• A) assets, liabilities, equity, income, expenses
• B) balance sheet, income statement, cash flow statement
• C) materiality, comparability, relevance, reliability
• D) historical cost, current cost, net market value, constant purchasing power

---

Definitions:

Masculine

Attributes, behaviors, and roles traditionally associated with men and deemed socially or culturally appropriate for them.

Bem Sex Role Inventory

A psychological inventory that assesses how strongly a person identifies with traditionally masculine or feminine characteristics.

Androgyny

A characteristic of individuals who exhibit both masculine and feminine traits.

Bisexuality

Sexual attraction to or sexual behavior with individuals of both the male and female sex.