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Question 14 One of the major advantages of making adjustments in order to improve the quality of financial statements is that they Ensure that

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Question 14 One of the major advantages of making adjustments in order to improve the quality of financial statements is that they Ensure that revenues and expenses are recognized conservatively during the period they are pald Ensure that all estimates of future activities are eliminated from consideration. Ensure that revenues and expenses are recognized during the period they are earned and incurred. Provide an opportunity to manipulate the numbers to the best effect 2 pts Next

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