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Which of the Following Statements Is False

Question 22

Multiple Choice

Which of the following statements is false?


A) Relevant information has the ability to influence an investor's decision.
B) Reliable information is accurate, verifiable and unbiased.
C) Consistency refers to the use of the same accounting principles from one period to the next.
D) Comparability refers to the use of conservatism within different time periods by a particular business.

Correct Answer:

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