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Is the client's position sustainable under current GAAP? Why or why not? Explain the rationale for your decision as you would if you were meeting
Is the client's position sustainable under current GAAP? Why or why not? Explain the rationale for your decision as you would if you were meeting face-to-face with the client. Do you think the Financial Accounting Standards Board should investigate the concept of salvage value? Why or why not
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