Which of the Following Is True of Financial Accounting

question 46

Multiple Choice

Which of the following is true of financial accounting?

• A)It provides information primarily for external decision makers.
• B)It is required for corporations but probably would not be done by other business entities.
• C)It provides information primarily for the use of managers of the company.
• D)It has been practiced in this country for approximately the last 15 years.

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Definitions:

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any learning needed.

Conditioned Response

A learned reaction or behavior to a previously neutral stimulus that has become associated with a significant stimulus.

Novel Stimulus

A new or unfamiliar stimulus that has not been previously experienced by an organism, often used in experimental research to gauge response or attention.

Stimulant

A substance that increases physiological or nervous activity in the body.