A$.$ What is conservatism? $($State the most acceptable definition of Conservatism$)$

B$.$ Give three examples of conservative accounting methods and three examples of non$-$conservative accounting methods

C$.$ How would conservatism be classified in a normative theory of accounting? Would you consider it as a postulate, a principle, or a convention? List your reasons for your answer.

D$.$ What is the position of IASB in its Conceptual Framework on practicing conservatism in accounting measurement and recognition for financial reporting? Would you consider conservatism another missing qualitative characteristic of accounting information? Justify your answer?

E$.$ What are the four explanations that Positive Accounting Theory presented to practicing conservatism in financial reporting?

F$.$ Research Assignment $2$ To date five key measures of conservatism have emerged in the accounting empirical research. List these measures, list their strengths $/$ weaknesses, and indicate what each measure actually captures $($construct validity of each measure$)$