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ANSWER IN YOU OWN WORDS! Dont forget to provide references. Thank you. Why does FASB ASC 270-10-45-11 require companies to disclose the seasonal nature of

ANSWER IN YOU OWN WORDS!

Dont forget to provide references.

Thank you.

Why does FASB ASC 270-10-45-11 require companies to disclose the seasonal nature of their business?

Describe how the changes to accounting principles are handled for interim reporting periods.

Describe, in general, the required disclosures for interim financial reports.

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