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Which of the Following Statements Is True Concerning Accounting Choices

Question 78

Multiple Choice

Which of the following statements is true concerning accounting choices?


A) Management always gets to select the alternative that best meets their objective.
B) Management always uses objectives to solve their accounting choice problems.
C) To be an acceptable recommendation based on facts, the alternative must also have been acceptable in meeting objectives and constraints.
D) To be an acceptable recommendation based on objectives, the alternative must also have been acceptable given the constraints and facts.

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