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Comparability Requires That: Please Select All That Apply

Question 10

Multiple Choice

Comparability requires that:
Please select all that apply.


A) Information should be comparable over time.
B) Information should be comparable with similar information about other entities for the same reporting period and with similar information about the same entity for other reporting periods in order to enhance its usefulness.
C) Information should be presented consistently.
D) Information about economic phenomena should be presented in a uniform way.

Correct Answer:

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