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One of the weaknesses or limitations of the statement of financial position is that it leaves out financial statement elements if they cannot be objectively
One of the weaknesses or limitations of the statement of financial position is that it leaves out financial statement elements if they cannot be objectively recorded. Name three examples of items that are omitted because of this limitation
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
