Andr is puzzled reading Air Canadas financial statements. He notices that the numbers have all been rounded
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André is puzzled reading Air Canada’s financial statements. He notices that the numbers have all been rounded to the nearest million. He thought financial statements were supposed to be accurate and wonders what happened to the rest of the money. Respond to André’s concern.
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The internal accounting records do use exact figures However for presentation purposes it is u...View the full answer
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119594574
8th Canadian Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine, Christopher D. Burnley
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