Which of the Following Characteristics Does Not Apply to Accounting

question 41

Multiple Choice

Which of the following characteristics does not apply to accounting practices and procedures in the U.S. prior to 1930?

• A) They were applied uniformly among companies.
• B) They were considered confidential by the companies applying them.
• C) They met the needs of creditors to a greater extent than they met the needs of shareholders.
• D) They emphasized the disclosure of cash and near-cash resources.

Identify various types of ventures and their social impact, including social purpose ventures and social consequence entrepreneurship.

Compare and contrast social entrepreneurs with traditional entrepreneurs.

Comprehend the importance of social value creation in entrepreneurship.

Understand the concept and types of venture philanthropy funding.

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Definitions:

Congress of Industrial Organizations

A federation of unions that organized workers in industrial unions in the United States and Canada from the 1930s to the 1950s.

Roosevelt Administration

Refers to the period of U.S. governance under President Franklin D. Roosevelt, known for the New Deal programs and leadership during World War II.

Economic Security

The situation where one has reliable financial resources or income to uphold their living standards both today and looking ahead.