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    Intermediate Accounting Study Set 10
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    Exam 2: Conceptual Framework Underlying Financial Reporting
  5. Question
    Principles-Based GAAP Is Sometimes Criticized for Being
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Principles-Based GAAP Is Sometimes Criticized for Being

Question 35

Question 35

Multiple Choice

Principles-based GAAP is sometimes criticized for being


A) Too inflexible.
B) Too flexible
C) Too inconsistent
D) None of these

Correct Answer:

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