Accounting does not report what many of the individual assets are worth, that is, their f __

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Accounting does not report what many of the individual assets are worth, that is, their f __ v ___ . Accounting therefore

[does / does not] report what the whole entity is worth. Those who criticize accounting for its failure to report an entity’s “worth” do not appreciate that to do so would be difficult, subjective, expensive, and usually unnecessary.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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