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The following is true about financial reporting alternatives: a. The current value method is currently required under GAAP. b. The unadjusted historical cost method is

The following is true about financial reporting alternatives:

a. The current value method is currently required under GAAP.

b. The unadjusted historical cost method is currently required by GAAP.

c. The historical cost-general price level adjusted method is currently required by GAAP.

d. The current value-general price level adjusted method is currently required by GAAP.

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