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l The objectivity concept requires that Oa. amounts recorded in the financial statements be based on independently verifiable evidence Ob. accounting principles meet the objectives
l The objectivity concept requires that Oa. amounts recorded in the financial statements be based on independently verifiable evidence Ob. accounting principles meet the objectives of the Securities and Exchange Commission Oc. business transactions be consistent with the objectives of the entity Od. the Financial Accounting Standards Board be fair and unbiased in its deliberations over new accounting standards
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