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Erin Company Applies the Same Accounting Treatment to Similar Events

Question 9

Multiple Choice

Erin Company applies the same accounting treatment to similar events from period to period.Erin Company is exhibiting which of the following qualities as described by the International Accounting Standards Board's (IASB's) Conceptual Framework?


A) Verifiability.
B) Consistency.
C) Predictive value.
D) All of the choices are correct.

Correct Answer:

verifed

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