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    Small Business Management
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    Exam 8: Accounting Records and Financial Statements
  5. Question
    When Preparing Common-Size Statements, Full or Partial Estimates Are Used
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When Preparing Common-Size Statements, Full or Partial Estimates Are Used

Question 111

Question 111

True/False

When preparing common-size statements, full or partial estimates are used since the business owner is making projections rather than recording actual transactions.

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