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Cynical Cynthia suggests, 'Accounting adjustments are a waste of time. Taking the provisions example, over the three years the total of reported and adjusted profits

Cynical Cynthia suggests, 'Accounting adjustments are a waste of time. Taking the provisions example, over the three years the total of reported and adjusted profits is the same-$200'.

Do you agree with Cynthia? Why or why not? Explain.

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