Which of the Following Is the Principle That Requires Us

question 78

Multiple Choice

Which of the following is the principle that requires us to record assets at the historical cash-equivalent cost?

• A)Cost-benefit.
• B)Cost principle.
• C)Full disclosure.
• D)Revenue recognition.

---

Definitions:

Filum Terminale

A slender filament of connective tissue that extends from the bottom of the spinal cord and anchors it within the vertebral column.

Conus Medullaris

The tapered, lower end of the spinal cord, found at the level of the first and second lumbar vertebrae.

Cerebrum

The largest part of the brain, responsible for voluntary activities, intelligence, memory, and personality.

Sulcus

A groove or furrow on the surface of an organ, often referring to the brain, indicating a division between lobes or gyri.