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    Financial and Managerial Accounting Study Set 8
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    Exam 1: Accounting: Information for Decision Making
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    Generally Accepted Accounting Principles
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Generally Accepted Accounting Principles

Question 59

Question 59

Multiple Choice

Generally accepted accounting principles:


A) Are based on official decrees only.
B) Are based on tradition only.
C) Are based on an accountant's experience only.
D) May change over time.

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