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    Exam 9: Uniformity and Disclosure: Some Policy-Making Directions
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    The Term "Present Magnitudes" Refers To
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The Term "Present Magnitudes" Refers To

Question 42

Question 42

Multiple Choice

The term "present magnitudes" refers to:


A) conditions known at the time of an event.
B) conditions known only at a later date.
C) events that will significantly affect the financial statements.
D) none of the above.

Correct Answer:

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