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    Principles of Financial Accounting Study Set 1
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    Exam 11: Accounting Principles
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    Accounting Information Is Neutral If
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Accounting Information Is Neutral If

Question 104

Question 104

Multiple Choice

Accounting information is neutral if


A) it is free from bias.
B) the amount of assets equal the amount of liabilities.
C) the trial balance balances.
D) all of the information is present to show the economic reality of the transaction.

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