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Under accounting principles generally accepted in the United States, in order or an item to qualify for recognition in the financial statements of a company,

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Under accounting principles generally accepted in the United States, in order or an item to qualify for recognition in the financial statements of a company, the item must I. Be measurable in monetary terms Il. Reflect the consensus expectations of investors IlI. Meet the definition of an element of the financial statements Multiple Choice ll and IlIl only I and IlIl only I, Il, and IlII

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