An Account Principles Board Opinion Was Concerned with Disclosure of Accounting

question 30

Multiple Choice

An Account Principles Board Opinion was concerned with disclosure of accounting policies.A singular feature of this particular opinion is that it

• A)Calls for disclosure of every accounting policy followed by a reporting entity
• B)Applies to immaterial items whereas most opinions are concerned solely with material items
• C)Applies also to accounting policy disclosures by not-for-profit entities,whereas most opinions are concerned solely with accounting practices of profit-oriented entities
• D)Prescribes a rigid format for the disclosure of policies to be reported upon

Analyze the ethical and socioeconomic implications of globalization.

Discover how technology and the internet influence globalization and international business.

Discuss the theoretical perspectives on globalization, including flat, round, and spiky world views.

Explore the role of factor endowments and production factors in the global economy.

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Definitions:

Primary Alcohol

An alcohol containing a hydroxyl group attached to a carbon with two hydrogens, indicating a primary carbon.

Aldehyde

An organic compound containing a carbonyl group (C=O) bonded to at least one hydrogen atom, with the general formula R-CHO.

Synthetic Steps

The individual stages or reactions conducted in the laboratory to synthesize a desired chemical compound.

Reaction Product

The substance(s) formed as a result of a chemical reaction between reactants.