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The absence of GAAP for corporations could lead to what situation? A : Companies engaging in price gauging. B : Companies inflating their stock prices.

The absence of GAAP for corporations could lead to what situation?

  • A :

    Companies engaging in price gauging.

  • B :

    Companies inflating their stock prices.

  • C :

    Companies misreporting accounting figures.

  • D :

    Companies colluding with competitors.

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