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When conducting Financial Accounting (as opposed to Managerial Accounting), all reporting MUST follow Standards of Accounting Principles as listed by ASPE and IFRS Managerial Accounting
When conducting Financial Accounting (as opposed to Managerial Accounting), all reporting MUST follow Standards of Accounting Principles as listed by ASPE and IFRS
Managerial Accounting is more lenient, and we do not necessarily follow the same standards of accounting principles true / false
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