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6. Which of the following would not be an important factor in understanding an entitys industry, regulatory environment and other external factors? a. The competitive
6. Which of the following would not be an important factor in understanding an entitys industry, regulatory environment and other external factors?
a. The competitive environment.
b. The political environment.
c. Relevant accounting pronouncements.
d. Technological developments.
e. The nature of the entity.
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