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Assumptions That Underlie a Country's Legal, Political, and Economic Systems

Question 42

Multiple Choice

Assumptions that underlie a country's legal, political, and economic systems:


A) do not influence accounting because it is a quantified discipline, objective and factual.
B) influence accounting, both its practice and the commonly shared understanding of its purpose.
C) influence accountants but not the science of accounting.
D) do not influence accounting because value is measured in currency, an objective and comparable measure.

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