Problem 1: Which APB opinion requires all companies to disclose both the accounting policies the firm follows and the methods used in applying the policies?
a. APB Opinion No. 22
b. APB Opinion No. 9
c. APB Opinion No. 10
d. APB Opinion No. 19
Problem 2: Some of the measures that can be used for non-financial performance are which of the following?
a. Balanced scorecard
b. Total Quality Management (TQM)
c. Benchmarking
d. Trend analysis
e. A and B
Problem 3: Administrative sources of federal tax law do NOT include which of the following?
a. Treasury Department regulations
b. Expense procedures
c. Revenue rulings
d. Revenue procedures
e. Letter rulings