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In 1982, the FASB issued Statement 69 that required six unaudited disclosures to be provided in the SEC filings for oil and gas companies.One of

In 1982, the FASB issued Statement 69 that required six unaudited disclosures to be provided in the SEC filings for oil and gas companies.One of the disclosures is the Standardized Measure of Oil and Gas, often referred to as SMOG.What information does the SMOG provide to help an investor compare companies in the oil and gas industry?

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