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M4-7 LO 4.5 GAAP related to the disclosure of accounting policies: a. requires a description of every accounting policy followed by a reporting entity b.
M4-7 LO 4.5 GAAP related to the disclosure of accounting policies: a. requires a description of every accounting policy followed by a reporting entity b. provides a specific listing of all types of accounting policies that must be disclosed c. requires disclosure of the format for the statement of cash flows d. requires a description of all significant accounting policies to be included as an integral part of the financial statements
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