Does the criterion of understandability mean that every person should be able to understand the financial statements?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Feb 17, 2015 07:35 AM

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Does the criterion of understandability mean that every person should be able to understand the financial statements?

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Intermediate Accounting

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