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A limitation of using past performance as a basis for judging actual results is that .. O A. any undervaluation of profits in the past
A limitation of using past performance as a basis for judging actual results is that .. O A. any undervaluation of profits in the past period is likely to continue O B. future conditions can be different from past conditions OC. any subsequent change in accounting treatment will distort performance evaluation OD. they tend to distort results when current and past conditions are similar
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