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A limitation of the statement of financial position that is not also a limitation of the income statement is the numbers are affected by the
A limitation of the statement of financial position that is not also a limitation of the income statement is the numbers are affected by the accounting methods employed omitted items valuation of items at historical cost the use of judgments and estimates
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
