The Accounting Guideline Prescribing That Financial Statement Information Be Supported

question 135

Multiple Choice

The accounting guideline prescribing that financial statement information be supported by independent,unbiased evidence other than someone's belief or opinion is the:

• A)Business entity principle
• B)Monetary unit principle
• C)Going-concern principle
• D)Objectivity principle
• E)Full disclosure principle

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Definitions:

Femoral Vein

A major blood vessel in the thigh that carries deoxygenated blood from the lower body back to the heart.

Popliteal Vein

The popliteal vein is a deep vein located behind the knee, which forms from the venous return of the lower leg and drains into the femoral vein.

Venous Drainage

The process by which blood is returned to the heart through veins after oxygen and nutrients have been delivered to tissues.

Superior Vena Cava

The superior vena cava is a large vein that carries deoxygenated blood from the upper half of the body to the heart.