Changing from Straight Line to Reducing Balance Depreciation in One

question 64

Multiple Choice

Changing from straight line to reducing balance depreciation in one year, then back to straight line in the next, and then back again to reducing balance, is a violation of the qualitative characteristic of:

• A) relevance.
• B) materiality.
• C) comparability.
• D) timeliness.

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Definitions:

Freud

The founder of psychoanalysis, Sigmund Freud, was an Austrian neurologist who developed this clinical technique for managing psychopathology through discussions between a psychoanalyst and a patient.

Social Tensions

Strains or conflicts within a society resulting from differing views, beliefs, or needs among its members.

Childhood

The period in a human's life from birth to puberty, characterized by growth, development, and learning.

Personality Development

The continuous growth and evolution of an individual's personality, influenced by a combination of genetic, environmental, and social factors.