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8. Companies typically present their financial statements in comparative form, which means showing two consecutive years of balance sheets and three consecutive years of

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8. Companies typically present their financial statements in comparative form, which means showing two consecutive years of balance sheets and three consecutive years of the income statement, statement of cash flows, and statement of stockholders' equity. A. True B. False 9. An immaterial misstatement occurs when the client departs from the applicable financial reporting framework. A. True B. False

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