Which of the following is not true of accounting principles?
A) Financial accountants follow generally accepted accounting principles (GAAP).
B) Following GAAP allows accounting information users to compare one company to another.
C) A new accounting principle can be adopted with stockholders approval.
D) The Financial Accounting Standards Board (FASB) has primary responsibility for developing accounting principles.
E) Accounting principles develop from research, accepted accounting practices, and pronouncements of authoritative bodies.
C
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When perceived pressures and(or) opportunities are low, a person needs more ________ to commit fraud
a. support from people at workplace b. rationalization c. courage d. motivation
In designing a control chart, a sample is taken at periodic intervals, which allows the quality control manager to ensure that ______.
A. the sample is representative of the population B. each observation in the sample is collected from a different process C. the population is representative of the sample D. government regulations governing sampling are followed
Answer the following statements true (T) or false (F)
With an accumulated benefit approach, the discount rate includes a general inflation factor.
Discuss and exemplify the requirements that apply to both giving a speech and communicating in a small group.
What will be an ideal response?