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    Principles of Accounting
  4. Exam
    Exam 5: Financial Reporting and Analysis
  5. Question
    The Cost-Benefit Convention Holds That the Benefits to Be Gained
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The Cost-Benefit Convention Holds That the Benefits to Be Gained

Question 151

Question 151

True/False

The cost-benefit convention holds that the benefits to be gained from providing accounting information should be less than the costs of providing it.

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