Which of the Following Is a Result of Conservative Accounting

question 87

Multiple Choice

Which of the following is a result of conservative accounting practices?

• A)Higher income,higher assets,and lower liabilities.
• B)Lower income,higher assets,and lower liabilities.
• C)Higher income,lower assets,and lower liabilities.
• D)Lower income,lower assets,and higher liabilities.

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Definitions:

Positive Responses

Positive Responses are affirmative reactions or feedback to stimuli, interactions, or situations, suggesting agreement, approval, or pleasure.

Ethnomethodological

Pertaining to the study of the methods people use in everyday life to create a sense of social order and understand their world.

Indifference

A lack of interest, concern, or sympathy towards others or certain situations.

Ethnomethodologists

Researchers who study the methods people use to understand and produce the social order in which they live.