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Question 30 Which of the following statements is not true? Consistency means using the same accounting principles from year to year within a company. O

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Question 30 Which of the following statements is not true? Consistency means using the same accounting principles from year to year within a company. O Faithful representation is the quality of information that gives assurance that all amounts reported are known with certainty. Relevant accounting information must be capable of making a difference in a decision. Accounting standards for private entities have four principal qualitative characteristics

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