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Which of the Following Statements Is Not True

Question 23

Multiple Choice

Which of the following statements is not true?


A) For accounting information to be relevant, it must have timeliness.
B) Relevant accounting information must be capable of making a difference in a user's decision.
C) Comparability means using different accounting principles from year to year within a company.
D) Faithful representation means information must be neutral, complete, and free from material error.

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