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Whether a business is successful and thrives is determined by O competition and markets only. O free enterprise or competition. O markets and free enterprise

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Whether a business is successful and thrives is determined by O competition and markets only. O free enterprise or competition. O markets and free enterprise only. O markets, competition, and free enterprise. Information provided by accounting is important because it enables investors and creditors to compare income and assets of companies. O assess the relative risks and returns of investment opportunities. channel their resources more effectively. O all of the above Audited financial statements are prepared by O management O auditors. O financial analysts. O Canada Revenue Agency. The "efficient markets hypothesis proposes that O market prices reflect information known only to external stakeholders. O market prices reflect information known only to internal stakeholders. O information asymmetry is required. O market prices reflect all information about a company. Under ASPE, the primary sources of GAAP include O International Financial Reporting Standards. O accounting textbooks and journals. O research studies. O the CICA Handbook and appendices

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