Which of the Following Statements Is True

question 30

Multiple Choice

Which of the following statements is true?

• A)Pooling of interests is acceptable provided the twelve criteria required by the APB are met.
• B)Pooling of interests is no longer acceptable for new combinations as stated in SFAS No.141,"Business Combinations."
• C)Companies that used pooling of interests method in the past must make a retrospective accounting change in accounting principle.
• D)Companies that used pooling of interests method in the past must make a cumulative effect accounting change in accounting principle.
• E)Companies that used pooling of interests in the past must make a prospective change in accounting principle.

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Definitions:

Hard Consonant

A consonant sound produced with a high degree of constriction in the vocal tract, often leading to a more pronounced or forceful articulation.

Melodic

Relating to melody; having pleasing musical sounds or tunes.

Absolute Threshold

The minimum intensity level of a stimulus that a person can detect at least 50% of the time.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time.