Which of the Following Statements Is Correct

question 162

Multiple Choice

Which of the following statements is correct?

• A) A major depressive episode is necessary for a diagnosis of Bipolar I
• B) Hypomania is a diagnostic criterion for Bipolar II but not cyclothymic disorder
• C) The level of social and occupational functioning of people with Bipolar I and Bipolar II is identical
• D) A diagnosis of cyclothymic disorder requires the person to alternate between cycles of hypomania and moderate depression

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Definitions:

Business Entity Principle

An accounting concept that treats a business as separate and distinct from its owners for purposes of recording financial transactions.

Monetary Unit Principle

An accounting principle that assumes business transactions or events can be measured and expressed in monetary units.

Generally Accepted Accounting Principles

A set of widely adhered to accounting principles and norms for the preparation of financial statements.

Time Period Assumption

An accounting principle that states a business's activities can be divided into specific time periods, such as months, quarters, or years for reporting purposes.