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Financial Statement Users Rely on ________ Footnote Information When Comparing

Question 21

Multiple Choice

Financial statement users rely on ________ footnote information when comparing ________.


A) accounting policies,net income from prior years
B) contingencies,receivables balances
C) accounting policies,two or more firms in the same industry
D) employee policies,firms in different industries
E) both A & C

Correct Answer:

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