Which of the following is not a possible limitation with CPPA accounting?
A) The prices of the goods and services included in the general price index may not be reflective of the price movements (inflation) specific to that particular industry.
B) The information is simple, and easily understood by users.
C) Research has shown that the information provided by CPPA may not be decision-relevant.
D) Users might think that the price-level adjusted amounts might reflect the specific value of specific assets.
Correct Answer:
Verified
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