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13. Why does FASB ASC 270-10-45-11 require companies to disclose the seasonal nature of their business? Please be specific. Please use your own words and

13. Why does FASB ASC 270-10-45-11 require companies to disclose the seasonal nature of their business?

Please be specific. Please use your own words and do not copy and paste the answer from the test bank (I have it). Thank you.

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