During its long tenure, the Committee on Accounting Procedures (CAP)produece a total of 51 Accounting Research Bulletins (ARBs). While the CAP was in existence another committee, the Committee on Terminology of the American Institute of Accountants (the previous name of American Institute of Certified Public Accountants), prepared certain definitions. Assess their definitions of assets and liabilities. Do you see any problems with one committee preparing rules and another making definitions