Identify the principle(s) of the cyclical theory of change. I. Every civilization follows the cycle of a biological organism and experiences stages similar to birth, growth, maturity, old age, and death.

II. The fate of a society is determined by how it responds to and overcomes challenges.

III. Civilizations alternate between two cultural extremes: the sensate and the ideational.

A. I

B. I and II

C. I and III

D. I, II, and III

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: