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The adjusting process: A. requires the accountant to analyze the various accounts maintained by a business B. is an outgrowth of the accrual basis of

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The adjusting process: A. requires the accountant to analyze the various accounts maintained by a business B. is an outgrowth of the accrual basis of accounting C. is an outgrowth of the periodicity assumption D. All of these E. None of these QUESTION 31 The current ratio reflects current liabilities divided by current assets. True False

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