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Question 1 (1 point) Owners of business firms are the only people who need accounting information. True False Question 2 (1 point) The two

Question 1 (1 point) Owners of business firms are the only people who need accounting information. True False Question 2 (1 point) The two components of equity are retained earnings and share capital. True False Question 3 (1 point) Share capital is the total amount paid in by shareholders for shares purchased. True False Question 4 (1 point)

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