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    Principles of Financial Accounting Study Set 1
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    Exam 11: Accounting Principles
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    An Item Is Considered to Be Material If
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An Item Is Considered to Be Material If

Question 53

Question 53

Multiple Choice

An item is considered to be material if


A) the assets would be larger than the liabilities.
B) the information would change an investor's mind.
C) the company has a loss.
D) the company has never paid a dividend.

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