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A good explanation of representational faithfulness: a. A set of financial statements that make the business appear better than the actual condition. b. Using historical

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A good explanation of representational faithfulness: a. A set of financial statements that make the business appear better than the actual condition. b. Using historical cost as the basis for valuation of land. C. An aspect that differs between two businesses are trying to choose between for investment. d. A set of financial statements that reflect the actual condition of the business

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