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Question 1 Which of the following is a usefulness of the statement of financial position? OA Omitted items. OB. Valuation of items at historical cost.

Question 1 Which of the following is a usefulness of the statement of financial position? OA Omitted items. OB. Valuation of items at historical cost. OC The use of judgments and estimates. OD. Evaluate capital structure. 4

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