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The chairman of the sec at onetime noted.if it become accepted or expected that accounting principle are determine or modified in order to secure purposes
The chairman of the sec at onetime noted.if it become accepted or expected that accounting principle are determine or modified in order to secure purposes other than economic measurement we assume a grave risk that confidence in the credibility of our financial information system will ve underminded wguch qualitative characteristic of accounting information should ensure that such a situation will occur. Dont use faithful representation
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