Below are seven reasons for differences in accounting practices among countries. For each reason, at least two options are provided. For each reason, select the option that best describes the United States. 
Definitions:
Bushels
A unit of volume that is used to measure agricultural commodities like grains and fruits.
Total Product Curve
A graphical representation of the production function, showing how the quantity of output depends on the quantity of the variable input for a given quantity of the fixed input.
Fixed Input
An input whose quantity is fixed for a period of time and cannot be varied (for example, land).
Capital
Resources, including finances and assets, used by businesses to fund their operations and investments.
Q16: Describe at least five reasons why accounting
Q23: Which of the following would be classified
Q29: If you had an investment opportunity that
Q36: The long-term assets section of the balance
Q64: Expenses have the effect of decreasing retained
Q97: Income statement items that have no cash
Q116: If a company has stockholders' equity of
Q122: If a company issues 1,000 shares of
Q146: Allen Company's income statement reported total revenues,
Q148: The following data are taken from