Question

In: Accounting

Accounting standards allow financial statement preparers to use judgement in a manner that best represents​ ________....

Accounting standards allow financial statement preparers to use judgement in a manner that best represents​ ________.

A. firm's financial position

B. economic reality

C. earnings management

D. estimated reality

Solutions

Expert Solution

Multiple choice :

Accounting standards allow financial statement preparers to use judgement in a manner that best represents​

So answer is a) Firm's financial position


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