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A company will be in compliance with GAAP when it prepares financial statements in accordance with: a. absorption-costing principles. b. variable-costing principles. c. cost-volume-profit principles.

A company will be in compliance with GAAP when it prepares financial statements in accordance with:

a. absorption-costing principles. b. variable-costing principles. c. cost-volume-profit principles. d. all of the above methods.

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