When accountants use judgment to interpret standards it often detracts from the usefulness of the financial statements

__________is a business's concern for the long-range welfare of both the company and its relationships to the society within which it operates

Fill in the blanks with correct word.

The doctrine of proximate cause:

A) forces the insurer to pay for all claims arising out of an unbroken sequence of events if any one of the subsequent perils following the original excluded peril was covered B) forces the insurer to pay for all claims arising out of an unbroken sequence of events if the original insured peril was covered C) forces the insurer to pay for the loss when the proximate cause of the event is the insured's fault D) divides any loss payment among parties proximately affected by the loss