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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 6: Reporting and Interpreting Sales Revenue,receivables,and Cash
  5. Question
    Prior Year Financial Statements Are Adjusted When It Is Determined
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Prior Year Financial Statements Are Adjusted When It Is Determined

Question 100

Question 100

True/False

Prior year financial statements are adjusted when it is determined that prior year bad debt expense was too low.

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