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An accountant would excercise professional judgement in all scenarios below except for: a. Making decisions about how to account for transactions and events that are
An accountant would excercise professional judgement in all scenarios below except for: a. Making decisions about how to account for transactions and events that are not specifically addressed by accounting standards b. Choosing an accounting policy from alternatives permitted by accounting standards c. Making estimates in measurement allowance for doubtful debts d. Select the lower cost or net realisable in measuring inventory
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