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Sal owns a company where his employee turnover rate is very high. In fact, he has been having trouble keeping enough employees on staff.


 

Sal owns a company where his employee turnover rate is very high. In fact, he has been having trouble keeping enough employees on staff. None of this is recorded in the accounting records. Rebe's company owns a number of investment securities that are reported at different amounts on the financial statements each month. What is implied here?

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