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Which Statement Concerned with Establishing the Costs and Benefits of Accounting

Question 58

Multiple Choice

Which statement concerned with establishing the costs and benefits of accounting information is true?


A) It is usually easier to establish the benefits than the costs.
B) It is normally easy to establish both the costs and the benefits.
C) Both the costs and benefits are normally difficult to assess.
D) The costs and benefits should be ignored when deciding on what accounting information should be produced.

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