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The Statement in Relation to Current Trends in Accounting That

Question 8

Multiple Choice

The statement in relation to current trends in accounting that is NOT correct is:


A) There is a movement towards a 'fair value' approach
B) There is a movement towards a more traditional approach
C) The concepts of capital and profit have changed and evolved over time.
D) More emphasis is now being placed on the relevance of information rather than its reliability'

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