The requirement by SFAS No. 2 that research and development costs be immediately expensed is an example of:
a. elastic uniformity.
b. finite uniformity.
c. flexible uniformity.
d. rigid uniformity.
ANSWER: D
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It is logical that there would be a high correlation between ratios that are rated to be highly significant and ratios that are included in corporate objectives
Indicate whether the statement is true or false
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A. Is the trustee innocent or guilty of committing the transgression? B. Did the trustee mean well by his or her actions? C. Should the violation be attributed to a peer? D. Is the person hiding the truth?
The following standards of proof are listed from least demanding to most demanding:
a. clear and convincing; preponderance of the evidence; beyond a reasonable doubt b. preponderance of the evidence; beyond a reasonable doubt; clear and convincing c. preponderance of the evidence; clear and convincing; beyond a reasonable doubt d. beyond a reasonable doubt; clear and convincing; preponderance of the evidence e. clear and convincing; beyond a reasonable doubt; preponderance of the evidence