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Which One of the Following Statements Describes a Significant Drawback

Question 3

Multiple Choice

Which one of the following statements describes a significant drawback of financial accounting information?


A) It is presented in a highly aggregated form.
B) It is oriented towards future events.
C) It is geared towards the needs of users internal to the organization that produces it.
D) It is produced too frequently for users to easily assimilate it.

Correct Answer:

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