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Which of the Following Statements Is false

Question 49

Multiple Choice

Which of the following statements is false?


A) Absent evidence to the contrary,a company is expected to continue operating for the foreseeable future.
B) An item is considered relevant if it has the ability to influence a decision.
C) Information is considered to be faithfully represented when it is complete,neutral,and free from error.
D) Accounting information should be reported in the national monetary unit with adjustment for inflation.

Correct Answer:

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