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Disadvantage of principles-based standards is: Select one: a.They supply broad guidelines. b.They allow mangers to select policies that may not reflect the substance of a
Disadvantage of principles-based standards is:
Select one:
a.They supply broad guidelines.
b.They allow mangers to select policies that may not reflect the substance of a transaction.
c.They allow accountants to use professional judgement.
d.All of the above.
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