FASB financial accounting concepts on using estimated future cash flow information in accounting measurements to value various assets and liabilities identified each of the following elements except

A) an estimate of the future cash flows and the timing of those cash flows.
B) an increase in the interest for any expected risk.
C) estimates about variations in the amount or timing of those cash flows.
D) that estimated cash flows should reflect a single most likely minimum or maximum possible amount, rather than a range of possible cash flows.


D

Business

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Management practitioners tend to write about ______.

A. theories of OB B. theories of change C. theories of changing D. theories of OD

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Which statement related to work attitudes is incorrect?

a. U.S. attitudes toward work are more relaxed than those in Europe. b. In the United States, hard work is applauded and often rewarded. c. The Japanese attitude toward work is very group oriented. d. In the United States, the attitude toward work is ingrained from an early age.

Business

Which of the following is a difference between common stockholders and preferred stockholders?

A. Unlike common stockholders, preferred stockholders normally have voting rights. B. Unlike common stockholders, preferred stockholders have a residual claim on assets. C. Preferred stockholders are guaranteed a better dividend than common stockholders, who may or may not receive a dividend. D. Common stockholders are assured a greater capital gain than preferred stockholders when a company experiences strong earnings.

Business

A firm that reprocesses a product or service it buys before selling the product again to the next buyer is referred to as a(n)

A. reseller firm. B. retailer. C. government agency. D. industrial firm. E. wholesaler.

Business