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15. Which of the following criteria must be met before an event should be recorded for accounting purposes a. the event must be an arms-length

15. Which of the following criteria must be met

before an event should be recorded for accounting

purposes

a. the event must be an arms-length transactions

b. the event must be repeatable in a future period

c. the event must be measured in financial terms

d. the event must be discloses in the reported

footnote.

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