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  3. Study Set
    Understanding Canadian Business
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    Exam 16: Understanding Accounting and Financial Information
  5. Question
    Readers of Financial Statements Usually Have No Way of Knowing
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Readers of Financial Statements Usually Have No Way of Knowing

Question 130

Question 130

True/False

Readers of financial statements usually have no way of knowing which amortization and inventory valuation methods a firm uses,a fact which makes interpretation of the information very difficult.

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