Under USGAAP,which of the Following Is Not an Acceptable Way to to Report

question 110

Multiple Choice

Under U.S.GAAP,which of the following is not an acceptable way to report plant assets?

• A)at fair market value
• B)at book value
• C)as a single amount,with a note to the financial statements that provides detailed information
• D)with detailed information on the face of the balance sheet

---

Definitions:

Crime Committed

An act that violates a law and is subject to legal prosecution and punishment.

Ethnic Groups

Communities or populations sharing a common cultural heritage, ancestry, language, or beliefs.

Ethical Value

Ethical value represents the principles or standards of behavior considered important or beneficial in a moral context, guiding actions and judgments about right and wrong.

Methodological Rigor

The strict adherence to and application of meticulous and systematic strategies for conducting research or analysis.