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    Exam 1: The Economic and Institutional Setting for Financial Reporting
  5. Question
    Comparability Across Companies Allows Analysts to Identify Real Economic Similarities
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Comparability Across Companies Allows Analysts to Identify Real Economic Similarities

Question 142

Question 142

True/False

Comparability across companies allows analysts to identify real economic similarities in and differences between underlying economic events because those similarities or differences are not obscured by accounting methods or disclosure practices.

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