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A) Statement of projected future cash flows is least likely be required by SECP for a company filing for registration. Why? B) Suppose two companies

A) Statement of projected future cash flows is least likely be required by SECP for a company filing for registration. Why? B) Suppose two companies acquire a machinery for use in operations. Company A expenses the transaction whereas, company B capitalizes the same transaction. What repercussions will this have on the financial reporting

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