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Which of the Following Statement(s)is/are True of the Qualitative Characteristic

Question 71

Multiple Choice

Which of the following statement(s) is/are true of the qualitative characteristic 'faithful representation'?


A) information that is free from material bias and error
B) information that faithfully represents what it purports to represent
C) information that should affect the decisions of financial statement users
D) information that is free from material bias and error, complete description and that faithfully represents what it purports to represent

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