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NEW QUESTION: 1

A. Option C
B. Option D
C. Option B
D. Option A
Answer: D

NEW QUESTION: 2
Two decades after the Emerald River Dam was built, none of the eight fish species native to the Emerald River was still reproducing adequately in the river below the dam. Since the dam reduced the annual range of water temperature in the river below the dam from 50 degrees to 6 degrees, scientists have hypothesized that sharply rising water temperatures must be involved in signaling the native species to begin the reproductive cycle.
Which of the following statements, if true, would most strengthen the scientists' hypothesis?
A. Five of the fish species native to the Emerald River are not native to any other river in North America.
B. The native fish species were still able to reproduce only in side streams of the river below the dam where the annual temperature range remains approximately 50 degrees.
C. Before the dam was built, the Emerald River annually overflowed its banks, creating backwaters that were critical breeding areas for the native species of fish.
D. The lowest recorded temperature of the Emerald River before the dam was built was 34 degrees, whereas the lowest recorded temperature of the river after the dam was built has been 43 degrees.
E. Nonnative species of fish, introduced into the Emerald River after the dam was built, have begun competing with the declining native fish species for food and space.
Answer: B
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
Several sources of GAAP consulted by an auditor are in conflict as to the application of an accounting
principle. Which of the following should the auditor consider the most authoritative?
A. FASB Technical Bulletins.
B. FASB Statements of Financial Accounting Concepts.
C. AICPA Technical Practice Aids.
D. AICPA Accounting Interpretations.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. In accordance with the GAAP hierarchy, FASB Technical Bulletins are considered
the most authoritative of the sources listed in the question.
Choice "B" is incorrect. Of the sources listed, AICPA Accounting Interpretations would be considered the
second most authoritative.
Choice "C" is incorrect. FASB Statements of Financial Accounting Concepts are among the least
authoritative sources of GAAP available to auditors.
Choice "D" is incorrect. AICPA Technical Practice Aids are among the least authoritative sources of GAAP
available to auditors.