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There Still Remain Problems When Accounting Policies Are Disclosed for Choices

Question 58

Multiple Choice

There still remain problems when accounting policies are disclosed for choices made among acceptable alternatives.All of the following are problems except:


A) The disclosure is specific, but the numerical information is missing.
B) Some industries do not have to disclose accounting policies.
C) There is no disclosure of crucial policies, such as revenue recognition.
D) Disclosure is generally too vague to be of use without additional information.

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