Which of the Following Account Titles Are Not Allowed Under

question 86

Multiple Choice

Which of the following account titles are not allowed under GAAP?

• A) Revaluation reserves
• B) Provisions
• C) Capital
• D) Revaluation reserves and provisions

---

Definitions:

Cultural Competency

The ability to understand, appreciate, and interact effectively with people of different cultures, recognizing and respecting their differences.

Stealth Marketing

A marketing strategy that advertises a product to people without them realizing they are being marketed to.

Illegal

Activities or actions that are forbidden by law or legislation.

Diversity

Diversity refers to the inclusion and representation of differences in identity, perspectives, and backgrounds, including race, gender, age, and more, within a group or organization.