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In order to resolve this need for duplicative internal work and to make financial reporting more timely, do you believe that generally accepted accounting principles
- In order to resolve this need for duplicative internal work and to make financial reporting more timely, do you believe that generally accepted accounting principles should be revised to allow the fair value reporting that is needed in a managerial accounting environment rather than only allowing historical cost? Why or why not?
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
