The True Statement Concerning the Accounting Period Is

question 54

Multiple Choice

The true statement concerning the accounting period is:

• A) the length of the accounting period varies with the needs of users.
• B) the accounting period originates from the accounting equation.
• C) must be at least 6 months long.
• D) depends on which country the business is located in.

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Definitions:

Intersexual Selection

The process by which females select their mates on the basis of some physical trait that indicates genetic quality or good health; sometimes selection depends on some resource offered by the males.

Courtship Ritual

A set of display behaviors in which an organism tries to attract a mate and secure mating opportunities.

Ornamental Display

The use of plants, animals, or objects for decoration, especially to make a garden or building more attractive.

Social Behavior

Interaction of two or more animals, usually of the same species.