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Despite the likely possibility of measurement error, Weez Ltd estimates the ending balance of supplies on hand. This estimation results in an adjusting journal entry

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Despite the likely possibility of measurement error, Weez Ltd estimates the ending balance of supplies on hand. This estimation results in an adjusting journal entry debiting Supplies Expense and crediting Supplies. What concept best justifies Weez Ltd's tolerance of measurement error? O Faithful representation O None of the other answers O Going Concern O Verifiability O Materiality

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