In a scientific approach to accounting:

Question

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The scientific approach to accounting aims to provide information that is useful for either predictive or assessment purposes, meaning that the information provided must be objective, reliable, and based on measurable and verifiable data. A great deal of latitude is not allowed in measurements, and the straight-line method of depreciation is just one of many methods that can be used, depending on the specific circumstances. Therefore, B and D are incorrect, and C is the best answer.

In a Scientific Approach to Accounting