Which of the Following Was NOT a Common Argument Against

question 6

Multiple Choice

Which of the following was NOT a common argument against the Accounting Standards Board's proposal that all capital acquisitions be capitalized and amortized?

• A)Capitalization and amortization would be costly to apply.
• B)It would change the nature of the operating statement from one that reflects resources spent to one that reflects resources used.
• C)It would change the nature of the operating statement from one that reflects resources used to one that reflects resources spent.
• D)Small not-for-profit financial statement users are only interested in seeing what money has been spent and what money is left over.

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Definitions:

Unethical Behaviour

Actions that violate moral or professional guidelines, standards, or principles.

Need for Affiliation

The desire to build and maintain positive interpersonal relationships, connections, and friendships.

Unethical Decisions

Choices that go against moral principles and do not adhere to acceptable standards of behavior.

Unethical Sales Behaviour

Practices in sales that are deceptive, dishonest, or otherwise violate moral principles.