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Identify the foundational concept, assumption, or constraint that describes each situation below: a The cost to provide financial information should not be more than the

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Identify the foundational concept, assumption, or constraint that describes each situation below: a The cost to provide financial information should not be more than the benefits. b. Significant accounting policies are reported in the notes to the financial statements. Dollar amounts on financial statements are often rounded to the nearest thousand. Cost constraint Completeness C. V Materiality Going concern assumption

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