The accounting type which assumes that the purchasing power of the monetary unit is fixed and stable is:

A) Historical cost accounting

B) Market value accounting

C) Inflation accounting

D) None of the above

20- The field of study which deals with the mechanisms of restricting the consequences of the conflict of interest by the executives is referred to as

A-Corporate governance

B-Corporate management

C-Corporate risk management

D-None of the above is correct

21- The corporate governance model that gives priority to stockholders value is:

A) The global Model

B) The Anglo-Saxon Model,

C) The European Model

D) The Jordanian Model

22- The European corporate governance model is also known as:

A) The Anglo-Saxon Model

B) The German-Japanese Model,

C) The global Model

D) The Jordanian Model

23- The concept that is related to how closely current earnings are aligned with future earnings, is:

A) Income smoothing.

B) Quality of earnings,

C) Big bath

D) Faithfull representation.

24- Moderating year-to-year fluctuations in income by shifting earnings from peak years to less successful periods is:

A) Income smoothing,

B) Quality of earnings.

C) Relevance.

D) Faithfull representation.