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Airlines Insider Is a Well-Respected Publication for the Airline Industry

Question 3

Multiple Choice

Airlines Insider is a well-respected publication for the airline industry. The publication prescribes a certain accounting treatment which differs from what is indicated in the Codification. How should this be handled?


A) Follow the treatment discussed in Airlines Insider.
B) Follow the treatment discussed in the Codification.
C) Choose whichever treatment is most conservative.
D) Create a blend of the two treatments.

Correct Answer:

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