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    Exam 1: Environment and Theoretical Structure of Financial Accounting
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    The Most Likely Important Flaw Leading to the Demise of the APB
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The Most Likely Important Flaw Leading to the Demise of the APB

Question 137

Question 137

Multiple Choice

The most likely important flaw leading to the demise of the APB was the perceived lack of:


A) Confidence.
B) Competence.
C) Independence.
D) Importance.

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