Which One of the Following Is Not a Proper Method

question 78

Multiple Choice

Which one of the following is not a proper method of recognizing assets as expenses in a particular accounting period?

• A)Customers' account balances in accounts receivable are assigned to expense in the period in which each customer pays.
• B)Prepaid insurance is assigned to expense as the insurance expires.
• C)A building is depreciated and its cost is assigned to the current and future accounting periods in which the building is expected to be used.
• D)Merchandise inventory is assigned to cost of goods sold in the period the goods are sold.

---

Definitions:

Personality Disorders

A group of mental health conditions characterized by enduring patterns of behavior, cognition, and inner experience that deviate significantly from the expectations of an individual's culture.

Antisocial Personality Disorder

A psychiatric disorder where the individual persistently fails to respect moral principles and is apathetic towards others' rights and sentiments.

Safety Of Others

The protection and well-being of individuals other than oneself.

Antisocial Personality Disorder

A mental condition in which a person consistently shows no regard for right and wrong, and ignores the rights and feelings of others.