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6) Which of the following require assumptions and judgments made in producing financial statements a) Estimating useful life and salvage value of property, plant,
6) Which of the following require assumptions and judgments made in producing financial statements a) Estimating useful life and salvage value of property, plant, and equipment b) When revenue has been earned c) Estimating the future cash flows and appropriate discount rate of investments d) Estimating future uncollectible amounts e) Estimating and pre-paying future tax liabilities I) a and b ii) a, c and d iii) b, c and d iv) All of the above
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