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1. Which of the following statements is/are incorrect? A. Uniform accounting standards make financial statements comparable across firms. B. Uniform accounting standards satisfy all different

1. Which of the following statements is/are incorrect? A. Uniform accounting standards make financial statements comparable across firms. B. Uniform accounting standards satisfy all different needs of accounting information users. C. Uniform accounting standards save transaction and search costs. D. Uniform accounting standards benefits all preparers (i.e., companies rely on external financing)

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