9. Your text talks about two groups of elements of financial information. They are Point-in- Time Elements and Period-of-Time Elements. What are Point-in-Time elements? List them: 10. From analysis of data of 175 companies from 48 countries representing 19 industries, the area of financial statements where managers most frequently use accounting estimates and judgments is one of the following. Which is it? a. Allowance of Uncollectible Receivables b. Impairment of Goodwill and Other Intangible Assets C. Revenue Recognition d. Inventories e. None of the above