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QUESTION 2 Answer one of the following questions: a-Annual reports for companies include financial and nonfinancial information through reports, financial statements, and notes to
QUESTION 2 Answer one of the following questions: a-Annual reports for companies include financial and nonfinancial information through reports, financial statements, and notes to financial statements. Required: 1-In which report or financial statement, you can find relevant information. Explain your answer. 2- In which report or financial statement, you can find a clue on faithful representation. Explain your answer. 10 points Sat Arw b- Give an example of a violation of "Revenue Recognition". Explain how this violation affects the Income Statement, the Statement of Financial Position, and the Statement of Cash flows.
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