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Which of the Following Is Not True Regarding SATTA

Question 50

Multiple Choice

Which of the following is not true regarding SATTA?


A) It attempted to develop metatheoretical guidelines for the evaluation of accounting information and valuation systems.
B) It took into account the many valuation systems of accounting as well as other theoretical considerations.
C) It enumerated the reasons why it was impossible to develop criteria that would enable the profession to unequivocally accept a single valuation system for accounting.
D) It was commissioned by the AAA.

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