Question
The disadvantages of the temporal method are that the financial statement can be unpredictable because liability can change rapidly, and the estimations of the values
The disadvantages of the temporal method are that the financial statement can be unpredictable because liability can change rapidly, and the estimations of the values can be confusing. How do you explain to management to move forward with this method?
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
