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QUESTION 52 According to the FASB conceptual framework, understandability means accounting information should be understood by: A. Those having a reasonable understanding of business and

QUESTION 52

  1. According to the FASB conceptual framework, understandability means accounting information should be understood by:

    A.

    Those having a reasonable understanding of business and economic activities.
    B.

    Financial analysts.
    C.

    Experts in the interpretation of financial information.
    D.

    CPAs.

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